CDD 5.88% 18.0¢ cardno limited

Ann: Daily share buy-back notice - Appendix 3E, page-5

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  1. 604 Posts.
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    GT
    To get full control they need 90% to enable compulsory acquisition of the remainder.
    On 28 Oct 2020 they held 57.17%.
    At last close they held 58.55%.
    So they increased their holdings by 2.22%.
    Look at what's happened to the share price over the same period -- up from 28.5c to 70.5c.
    That a 147% increase.
    I'm not concerned about missing out on a control premium. It will be hefty.
    Cheers
 
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17.0¢ 18.0¢ 16.5¢ $51.72K 289.1K

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18.5¢ 100000 1
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