Compulsory at 20%, if they sit at 19.9% then they might not make any move and Brazil Farming have the ability to block anyone else making a takeover move. (A person who has a greater than 10% shareholding interest in an ASX-listed company will be able to prevent a majority shareholder from moving to 100% ownership through compulsory acquisition, because the compulsory acquisition threshold is set at 90%).
So not a great position for AMI.
Ann: Change in substantial holding - Brazil Farming, page-8
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Last
19.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $317.3M | |||
| Open | High | Low | Value | Volume |
| 19.0¢ | 19.3¢ | 18.5¢ | $1.286M | 6.800M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 59 | 2739719 | 18.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.0¢ | 570907 | 17 |
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| Last trade - 14.29pm 28/07/2025 (20 minute delay) ? |
| AMI (ASX) Chart |