The other thing to consider is that Zeta is incorporated in Bermuda not Australia, so not sure what would happen to any left over BGH holders if Zeta have enough shares to take control, whether any rules can change to Bermuda rules? I would have thought Australian rules apply right down to the last BGH share whilst it's still BGH.
Just another thing to look into or if someone out there knows the answer to that?
If a Bermuda incorporated company takes a controlling stake in an Australian company are there any rule changes for the remaining shareholders of the Australian company? I think I've answered my own question but if someone could clarify that would be helpful.
BGH Price at posting:
3.8¢ Sentiment: None Disclosure: Held