PLS cannot be taken over without shareholder action and approval. If you don't want PLS to be taken out then:
1. Don't sell your shares to ensure the potential suitor can't accumulate enough shares to gain a foothold; AND
2. When the time comes for shareholders to vote on a TO, vote against it.
In short, we shareholders can prevent it.... don't sell your shares unless it is essential.
IMO of course and DYOR .......
Ann: Pilbara Exercises Option to Progress POSCO Downstream JV, page-60
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Last
$2.85 |
Change
0.000(0.00%) |
Mkt cap ! $8.579B | |||
| Open | High | Low | Value | Volume |
| $2.91 | $2.95 | $2.84 | $47.90M | 16.60M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 187031 | $2.84 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.85 | 401638 | 11 |
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| Last trade - 16.10pm 14/08/2024 (20 minute delay) ? |
| PLS (ASX) Chart |