Is there anything to stop insiders/large investors buying up the stock while it's still listed and insanely discounted?
If it's taken private, I guess they will be the only ones that could arrange to have their stake in the company valued and potentially sell their stake.
How frequently do insiders or >5% investors have to disclose their purchases?
When it's taken private, how would a shareholders stake be calculated? Is the entire "value" of the company at the time of delisting its market cap?
E.g. if someone owned 10% of issued shares would they own 10% of the company?
Seems small holders get royally abused whichever way it unfolds, and there's nothing we can do about it.
- Forums
- ASX - By Stock
- Ann: Quarterly Activities Report - Q4 FY2022
Is there anything to stop insiders/large investors buying up the...
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)