Just for interest:
Takeovers Ch 6
Acquisitions of a relevant interest in voting shares or interests that increase a person’s voting power to more than 20%, or from a point above 20%, are prohibited under s606 unless they are made under a takeover bid, authorised under one of the other exceptions in s611, or the person’s voting power is already above 90%.
This prohibition also applies to:
acquiring legal or equitable interests that result in another person’s voting power increasing in the same way; and
offers or invitations that would result in a breach of s606 if accepted.
Note: See Regulatory Guide 9 Takeover bids (RG 9) and RG 6.
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6 | 570266 | 0.041 |
4 | 245025 | 0.040 |
2 | 15173 | 0.039 |
2 | 63421 | 0.038 |
Price($) | Vol. | No. |
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0.045 | 394377 | 4 |
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