Well this clause will make it difficult for Ramelius. My bolding.
Gold Road considers the Offer to be superior to the conditional Ramelius Offer.
The Ramelius Offer has a significant scrip component which is of uncertain value and is subject to 15 conditions, including a
90% minimum acceptance condition and a condition that no person (other than Ramelius and its Associates) acquiring a
relevant interest in 10% or more of the Apollo Shares on issue.
As a result of Gold Road becoming a 19.9% shareholder in Apollo, the Ramelius Offer is no longer capable of execution without
a waiver of these conditions.
Ann: Notice of Initial Substantial Holder for AOP, page-5
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Last
$3.20 |
Change
-0.050(1.54%) |
Mkt cap ! $3.476B | |||
| Open | High | Low | Value | Volume |
| $3.25 | $3.29 | $3.19 | $21.03M | 6.555M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 11045 | $3.19 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.20 | 120060 | 2 |
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| Last trade - 16.13pm 07/07/2025 (20 minute delay) ? |
| GOR (ASX) Chart |