EMR emerald resources nl

Ann: Recommended and Unconditional Takeover Offer Extended, page-5

  1. 444 Posts.
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    Just as they can extend the date, they can change the script ratio. Given that the offer is unconditional, I am unsure if they can limited it to x%, however perhaps they can change the terms so that it is "offer ends on xth of the month, unless terminated earlier", effectively allowing them to do the same thing.

    I still think that just breaching 50% is not what they are after, as to significantly dilute the remaining minority shareholders down in the future would require a massive cash investment into Bullzeye, whereas making the script ratio more favourable hits existing EMR holders, but ultimately doesn't cost the company money.
 
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(20min delay)
Last
$3.69
Change
-0.070(1.86%)
Mkt cap ! $2.431B
Open High Low Value Volume
$3.74 $3.75 $3.66 $5.200M 1.408M

Buyers (Bids)

No. Vol. Price($)
4 25015 $3.67
 

Sellers (Offers)

Price($) Vol. No.
$3.70 10000 1
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Last trade - 16.10pm 25/07/2025 (20 minute delay) ?
EMR (ASX) Chart
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