"Bullseye, Hong Kong Xinhe International Investment Company Limited (Xinhe) and Au XingaoInvestment Pty Ltd (Au Xingao) and various other parties have reached a final settlement ofthe following matters (Settlement)"
"Following the completion of the Settlement it is anticipated that Xinhe, Au Xingao and theirrelated entities will collectively hold or control a total of 92,281,328 Bullseye Shares (18.20%)."
I think the above two quotes indirectly set an order for events. Although all sides have "reached a settlement", it is only on "completion of the settlement" that the chinese ultimately get the additional 22M shares for them to get a 18.2% holding. And by definition if they hold 18.2%, then none of their shares will have been swapped for EMR script. And for EMR to be in a position to acquire all their shares, the offer must be live.
I would have thought that settlement is only complete when the court cases are all formally finished, but who knows.
If the procedures around winding up all the cases drags on a bit and EMR doesn't feel comfortable issuing the new shares until the cases are wound up, it might require the share offer closing period to be extended.
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$3.50 |
Change
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Mkt cap ! $2.293B |
Open | High | Low | Value | Volume |
$3.50 | $3.53 | $3.46 | $4.990M | 1.426M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 15177 | $3.49 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.50 | 359949 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 10424 | 3.490 |
3 | 14138 | 3.480 |
6 | 41326 | 3.470 |
3 | 8391 | 3.460 |
5 | 20770 | 3.450 |
Price($) | Vol. | No. |
---|---|---|
3.500 | 359949 | 2 |
3.520 | 1221 | 2 |
3.530 | 8391 | 2 |
3.540 | 10059 | 4 |
3.550 | 20741 | 3 |
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