CKA 1.16% 8.5¢ cokal limited

Ann: Fully Underwritten Non-Renounceable Entitlement Offer, page-62

  1. 12,053 Posts.
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    Sorry BG as the new guy at ASIC I can tell you that 3% accumulation rule only kicks in AFTER a takeover attempt is made and the acquirer fails to get all the shares. So they accumulate 3% a year until they get to 90% and then compulsorilly acquire the remaining 10%
 
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