from latest down under presentation...
Hanlong is seeking to acquire 100% of Bannerman for A$0.612 cash per share by
way of a scheme of arrangement.
? Hanlong is one of China’s largest privately-owned enterprises.
? Key conditions include:
• Due diligence completed to Hanlong’s satisfaction by 30 September 2011.
• Bannerman Board recommendation.
• Major shareholder support.
• Continuity of Bannerman senior management.
? Bannerman is engaging with Hanlong, and with other potential development
partners, to explore all options to deliver the best possible outcome for shareholders.
62c takeover, page-8
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Last
$3.12 |
Change
-0.040(1.27%) |
Mkt cap ! $548.4M | |||
| Open | High | Low | Value | Volume |
| $3.17 | $3.21 | $3.08 | $1.621M | 516.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 191 | $3.12 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.17 | 5000 | 1 |
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