Anyone with more experience can shed light if this is their understanding?
What is the Australian mandatory takeover threshold?
Under Australian takeovers law, acquisition of 100% of the target shareholding is only assured after the bidder acquires at least 90% which would allow it to compulsorily acquire the minority shareholding under the compulsory acquisition provisions of the Corporations Act.
Anyone with more experience can shed light if this is their...
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Mkt cap ! $24.32M | |||
| Open | High | Low | Value | Volume |
| 13.5¢ | 13.5¢ | 13.3¢ | $25.17K | 188.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
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| 1 | 6184 | 13.0¢ |
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| Price($) | Vol. | No. |
|---|---|---|
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