Takeover is done by buying shares. Board recommends SH either do or do not sell at the offered price.
The issue for us as SH is that at 90% ownership the buyer can force smaller shareholders to sell (I think).
I don’t think this is what they would want. My view is that they are looking for surety of supply.
Hang on, it could get bumpy.
Ann: Response to Speculation, page-29
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Last
0.2¢ |
Change
-0.001(33.3%) |
Mkt cap ! $12.35M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.2¢ | $7.909K | 2.709M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 163 | 211328925 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 39385640 | 103 |
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| Last trade - 16.10pm 27/05/2024 (20 minute delay) ? |
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Last
0.3¢ |
Change
-0.001 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 0.3¢ | 0.3¢ | 0.3¢ | 3252364 | ||
| Last updated 15.06pm 27/05/2024 ? | |||||
| 1MC (ASX) Chart |