A company is bought out when the Board of Directors prepares an IM and goes to market , or uses contacts
When they strike a deal the shareholders vote on it and it is usually a done deal at that stage as the large shareholders are kept informed all the way and therefore approve the transaction
We retail investors get dragged along or sell out on the way
Ann: ResApp Submits CE Mark Technical File, page-458
Currently unlisted. Proposed listing date: 4 SEPTEMBER 2024 #