I am curious how the takeovers threshold is accommodated in this transaction:
Takeovers threshold
A person cannot acquire a ‘relevant interest’ in a company’s shares if it would result in that person’s or someone else’s ‘voting power’ in the company increasing from 20% or below to more than 20%, or increasing from a starting point that is above 20% and below 90%, unless the acquisition occurs via a specified exception (such as a takeover bid, scheme of arrangement or with target shareholder approval).
Ann: Transformational $10.1M investment into AGC, page-5
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Last
29.5¢ |
Change
-0.020(6.35%) |
Mkt cap ! $70.11M | |||
| Open | High | Low | Value | Volume |
| 31.0¢ | 32.5¢ | 29.0¢ | $467.0K | 1.553M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 146368 | 29.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 29.5¢ | 56499 | 2 |
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| Last trade - 16.10pm 19/06/2024 (20 minute delay) ? |
| AGC (ASX) Chart |