With corporate takeover rules, they are effective capped at a 20% holding unless they want to take us over (which they don’t).
they will need to sell to convert options and con-notes to manage their holding size… plus it’s better for the AVR balance sheet if they sell & convert.
https://www.allens.com.au/globalassets/pdfs/sectors-services/ma/takeovers-handbook.pdf
With corporate takeover rules, they are effective capped at a...
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Last
$21.29 |
Change
-0.010(0.05%) |
Mkt cap ! $408.9M | |||
| Open | High | Low | Value | Volume |
| $21.70 | $21.70 | $21.16 | $147.0K | 6.914K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 47 | $21.17 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.60 | 300 | 1 |
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| Last trade - 15.59pm 03/05/2024 (20 minute delay) ? |
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Last
$21.19 |
Change
-0.010 ( 0.47 %) |
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| Open | High | Low | Volume | ||
| $21.69 | $21.70 | $21.19 | 122 | ||
| Last updated 13.18pm 03/05/2024 ? | |||||
| AVR (ASX) Chart |