WRT "if just near 10% becomes an easy to acquire takeover blocking stake."
FWIW, for a scheme of arrangement 10% is not enough to block - need 20% - 25% depending on SH turnout to a vote. If e.g. WGX came after SPR they would try to use a SOCA and get board support. If RMS keep buying to get to 20% the price won't be at 90c for long. It's a funny position to put yourself in unless it is simply trying to bring the average price down when you know a premium will be required to secure the rest but you are committed to that? I don't hold RMS but I'd happily take RMS script (depending on the the price). Happy to be corrected? Thanks
- Forums
- ASX - By Stock
- Ann: Ramelius makes strategic investment in Spartan Resources
WRT "if just near 10% becomes an easy to acquire takeover...
-
- There are more pages in this discussion • 25 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add RMS (ASX) to my watchlist
(20min delay)
|
|||||
Last
$2.05 |
Change
0.010(0.49%) |
Mkt cap ! $2.347B |
Open | High | Low | Value | Volume |
$2.08 | $2.11 | $2.04 | $6.948M | 3.355M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 12337 | $2.05 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.06 | 4000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 12337 | 2.050 |
7 | 115195 | 2.040 |
4 | 49450 | 2.030 |
2 | 37285 | 2.020 |
3 | 18581 | 2.010 |
Price($) | Vol. | No. |
---|---|---|
2.060 | 4000 | 1 |
2.070 | 43450 | 6 |
2.080 | 88225 | 4 |
2.090 | 16821 | 2 |
2.100 | 38025 | 10 |
Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
Featured News
RMS (ASX) Chart |