WTE wedgetail mining limited

20 per cent takeover rule...

  1. The Crow
    3,589 Posts.
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    14/06/06
    22:42
    Post #: 1622832
    in relation to a takeover.....

    Aquisition threshold 20%

    no requirement for an unconditional offer to be made if the holding of a shareholder with more than 19% increases by less than 3% every six months

    this comes under the aptly named "Creep rule"
    WTE Price at posting: 0.0¢ Sentiment: Buy Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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