Normally a company ( ie MinRes) can’t own more than 20% of another listed company ( DLi ) without launching a takeover. They can creep up slowly - I think it’s another 5% per year above 20%. So I didn’t think Min Res would be allowed to get more than 20% of the company without launching a TO or are there different rules if your an under writer ? Dli is at bargain prices ATM but that’s what CE and Gina want while they accumulate. GLTAHs
Ann: Launch of $70M Entitlement Offer, page-23
-
- There are more pages in this discussion • 94 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add DLI (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
26.5¢ |
Change
0.015(6.00%) |
Mkt cap ! $189.0M | |||
| Open | High | Low | Value | Volume |
| 25.0¢ | 27.0¢ | 25.0¢ | $186.0K | 715.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 37 | 26.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 26.5¢ | 49498 | 1 |
View Market Depth
| Last trade - 16.10pm 10/10/2024 (20 minute delay) ? |
| DLI (ASX) Chart |