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51.4% 53.0¢ argent biopharma limited

Ann: Definitive Supply Agreement Executed with HL Pharma, page-142

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  1. tuts
    5,293 Posts.
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    18/06/19
    08:00
    Post #: 39104207
    Just for people's interest; Note: I can still be wrong ...

    If a substantial holder wants to acquire more than 20%, they need to announce a takeover bid. So, any buy does not have to be a BIG, but can be gradual and quietly creeping to 20%. Note that (please check as I may be wrong on this too) there is a 45 day window before change of substantial holding has to be announced.

    BTW @Footmax, u r posting on MGC's forum. So, u r forgiven if u r not definitive!!!
    MXC Price at posting: 5.0¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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Last
53.0¢ 		Change
0.180(51.4%) 		Mkt cap ! $25.65M
Open High Low Value Volume
38.0¢ 56.0¢ 38.0¢ $71.38K 137.5K

Buyers (Bids)

No. Vol. Price($)
1 334 51.0¢
 

Sellers (Offers)

Price($) Vol. No.
55.0¢ 60 1
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