Hi @wilzy123 - USUALLY the company taking over needs to win over the shareholders of the company being taken over by offering a premium. To do this they can offer to buy your shares at an immediate premium in cash (e.g. offer to buy BRN at say 21c when it's valued currently at 17.5c), so all shareholders get bought out. Or they offer to convert your shares into the takeover company's shares, again at a premium (your 10,000 BRN shares become xxxxx INTEL shares), so you become a shareholder of that company. Or a combo of both.
2020 BRN Discussion, page-4945
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Last
18.0¢ |
Change
-0.010(5.26%) |
Mkt cap ! $352.6M | |||
| Open | High | Low | Value | Volume |
| 18.5¢ | 19.0¢ | 18.0¢ | $1.287M | 7.036M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 62 | 1437090 | 18.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.5¢ | 524059 | 7 |
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| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| BRN (ASX) Chart |