TEG 4.76% 2.0¢ triangle energy (global) limited

Bottom of page 1. If Triangle sells the shares other than on...

  1. 7,151 Posts.
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    Bottom of page 1.

    If Triangle sells the shares other than on market, the price will be the price that the Company has been able to
    negotiate with the acquirer or acquirers. In any event, the sale price will not be less than that price equal to the
    simple average of the last sale prices of the shares quoted on ASX for each of the ten trading days immediately
    preceding the date of any offer received by the Company.

    Now IMO, based on this, why would anyone potentially buying at the other end want the SP to go up?? you would think, keep the price down, remove Those holdings represent 58% of the Company’s total issued shares.
    then let her rip.

    Also, the onus falls on the holder to fill the form out if you want to keep your shares, if you do nothing, they will be sold.

    For me. a bigish holder, it looks good
 
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Last
2.0¢
Change
-0.001(4.76%)
Mkt cap ! $38.08M
Open High Low Value Volume
2.1¢ 2.1¢ 2.0¢ $42.71K 2.043M

Buyers (Bids)

No. Vol. Price($)
9 3889997 2.0¢
 

Sellers (Offers)

Price($) Vol. No.
2.1¢ 1001653 3
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Last trade - 11.57am 01/07/2024 (20 minute delay) ?
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