Why would any shareholder vote yes, what do they get out of voting yes that they would get if they vote no?If they vote yes and it sells at $3 then they receive $3 per share, where as if they vote no, well the share price will still be around the $3 mark or higher and can sell at that price when ever they wish.
Am I missing something?
Ann: Revised Proposal from Albemarle, page-332
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Last
$1.01 |
Change
0.015(1.52%) |
Mkt cap ! $2.437B | |||
| Open | High | Low | Value | Volume |
| 97.0¢ | $1.04 | 96.5¢ | $12.25M | 12.21M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 250234 | $1.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.01 | 51730 | 1 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| LTR (ASX) Chart |