A single entity can only go to 24.99% ownership before a review is triggered it appears to me. I don't think a single entity would be allowed to aggregate a position >24.99% under several holding companies or brokers.
This limits the 'stealth' takeover. This seemed quite an interesting inclusion, and while I haven't gone back in previous 4C to see if I have just missed this in previous additions, it's relevance to the now and near future, raised at least one eyebrow on reading.
Ann: Preliminary Final Report and 2021 Full Year Accounts, page-6
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Last
$16.93 |
Change
-0.360(2.08%) |
Mkt cap ! $2.133B | |||
| Open | High | Low | Value | Volume |
| $17.08 | $17.67 | $16.93 | $6.897M | 401.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 2660 | $16.93 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.07 | 1994 | 2 |
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| Last trade - 16.10pm 01/08/2025 (20 minute delay) ? |
| NEU (ASX) Chart |