I read that as meaning that they were going to try to acquire on market, not that they were legally obliged to do so....but could be wrong. I'm not aware of any other takeover situation where the company making the bid was required to place its bid on market?
Reaper.
Ann: Letter to Shareholders - On-Market Purchasing Shares, page-7
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Last
12.0¢ |
Change
0.005(4.35%) |
Mkt cap ! $21.62M | |||
| Open | High | Low | Value | Volume |
| 11.5¢ | 12.0¢ | 11.5¢ | $42.79K | 371.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 17391 | 11.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.0¢ | 243126 | 4 |
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| Last trade - 14.12pm 21/06/2024 (20 minute delay) ? |
| LPE (ASX) Chart |