Yep - as an example, PLS put in their bid without buying any LRS shares.
Blocking stakes provide leverage. Once someone has the ability to block a takeover, the acquiring party has to either negotiate with you, or potentially give up on the takeover.
Yep - as an example, PLS put in their bid without buying any LRS...
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Last
18.5¢ |
Change
-0.005(2.63%) |
Mkt cap ! $518.2M | |||
| Open | High | Low | Value | Volume |
| 19.0¢ | 19.3¢ | 18.5¢ | $2.083M | 10.99M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 3244200 | 18.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.0¢ | 855390 | 7 |
View Market Depth
| Last trade - 16.10pm 11/11/2024 (20 minute delay) ? |
| LRS (ASX) Chart |