Focus intends to seek to de-list Crescent from the Australian Securities Exchange (ASX) and the Toronto Stock Exchange (TSX). If Crescent is delisted, you will not be able to sell your shares on ASX or TSX (which will, for all practical purposes, prevent trade on the Frankfurt Stock Exchange
(FFT)).
? Focus will not increase the Offer price (one Focus share for every 1.18 Crescent shares). There is no Court process available to the remaining shareholders at the end of an Australian company takeover to seek a premium to the takeover price for their shares.
Seems blunt, black and white to me that from the above extract anyone holding CRE (including Stone)after next week may as well be holding counterfeit japanese yen.
Stone should listen to Kenny Rodgers "You gotta know when to hold em! Know when to fold em"
Focus intends to seek to de-list Crescent from the Australian...
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Last
14.0¢ |
Change
-0.015(9.68%) |
Mkt cap ! $40.11M | |||
| Open | High | Low | Value | Volume |
| 15.0¢ | 15.0¢ | 14.0¢ | $4.409K | 30.40K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1700 | 14.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.5¢ | 6000 | 1 |
View Market Depth
| Last trade - 15.44pm 05/07/2024 (20 minute delay) ? |
| FML (ASX) Chart |