this is from Minster Allen website
" What is interesting about those hostile off-market takeover bids is the likelihood that the Bidder will succeed in achieving control of Target, that is, Bidder reaching ownership of 50.1% or more of Target shares."
https://www.minterellison.com/articles/hostile-takeover-bids
this is what is i'm referring too. Based on the management - this is certainly a possibility
Ann: Financial Results for the Half Year ended 30 June 2023, page-49
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Last
68.0¢ |
Change
0.010(1.49%) |
Mkt cap ! $43.76M | |||
| Open | High | Low | Value | Volume |
| 67.5¢ | 68.0¢ | 67.5¢ | $4.941K | 7.274K |
Buyers (Bids)
| No. | Vol. | Price($) |
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| 1 | 20556 | 68.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 69.0¢ | 14067 | 1 |
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| Last trade - 10.23am 06/06/2024 (20 minute delay) ? |
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Last
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Change
0.010 ( 2.26 %) |
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| Open | High | Low | Volume | ||
| 68.0¢ | 68.5¢ | 68.0¢ | 8112 | ||
| Last updated 10.43am 06/06/2024 ? | |||||
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