The way I read it, TO offer can be accepted or rejected by individual holders until acceptances give Offerer 90% of all shares, in which case we are forced to sell at the offer price.
So if overwhelming majority accept offer, then we are probably obliged to go along.
Happy to be corrected on this.
The way I read it, TO offer can be accepted or rejected by...
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Last
1.3¢ |
Change
0.001(4.17%) |
Mkt cap ! $59.93M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.3¢ | 1.2¢ | $5.604K | 466.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 9887653 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 14325513 | 20 |
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| Last trade - 15.46pm 28/08/2024 (20 minute delay) ? |
| OEL (ASX) Chart |