CDD 2.38% 43.0¢ cardno limited

GTTo get full control they need 90% to enable compulsory...

  1. 603 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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