RAC 0.59% $1.71 race oncology ltd

Accent Therapeutics: What can we learn?, page-27

  1. 4,135 Posts.
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    Hi MarkWhite,

    Very good question to ask.

    A take over offer could come in many shape's and form's.

    The acquirer could start buying share's on the market, pushing up the share price and acquiring 19% of the company.

    Once 20% is hit, then the acquirer must lodge an official Take Over.

    Once they get to 90% of the company, the acquirer will acquire the remaining 10% of share's, through the court's, where a compulsory acquisition must occur.
    Keeping in mind, that the acquirer will start with a 1st low ball offer, then come back with the 2nd offer and finally a 3rd and final offer will occur.

    Or a acquirer might just come in and make a full price offer of XXXXX.

    It is the responsibility of the board to tell it share's holder's to either except it or reject it.

    At the end of the day I / we have no control on what will happen or how it will occur.

    No point worry about it as it is out of our control.

    But I will be waiting for my share's to be compulsory acquired.

    Happy for some one to correct me.

    IMHO.

    Regard's

    Rossi70
 
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