Anybody know the answer to this question? I know in a "normal" takeover of shares, if the company acquiring the shares increases the bid price, then that price is offered to all shareholders. In the case of an "on market" takeover, can Elders simply come back in a few months and mop up the ELDPA holders who have not accepted by increasing bid to $100 etc?
Ann: Capital Raising Presentation correction-ELD.AX, page-113
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Last
$8.42 |
Change
0.030(0.36%) |
Mkt cap ! $1.330B | |||
| Open | High | Low | Value | Volume |
| $8.36 | $8.45 | $8.28 | $4.127M | 490.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2148 | $8.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.44 | 477 | 1 |
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| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| ELD (ASX) Chart |