Once control gets to 90& they can compulsorily aquire all remaining shares. But again, not sure if the takeover price must be used so long after the close of the offer. From memory, ther have been court cases to determine a fair price in these cases. The easy thing would be for Greenspark to make a 'reasonable offer'.
I wish I know the time frame for the old offer to be irrelevant - if it still applies, the last offer price is the price to apply for compulsory aquisition.
And
ENE Price at posting:
$3.06 Sentiment: Hold Disclosure: Held
