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Wrong info buddy! They won't be de-listing. They will actually...

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chuss

1,247 Posts.

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29/08/18

19:22

Post #: 35274803
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Originally posted by Van88 ↑

T2 have made their takeover offer at the $1.35 amount .

Next step is ASIC appoints an independent expert to state whether the takeover is "Fair and Reasonable"

The $1.35 was neither fair nor reasonable according to the last report.

Then we can chose to either accept the $1.35 offer or reject it and object to it. If 10% of the remaining shares object we go to court and they determine a fair price. The court costs will have to be paid by T. I will be rejecting it

Court assigns a fair price and Taurus will decide whether to pay it or not.

If they dont we remain shareholders, entitled to dividends or other takeover offers, however the company will de-list so wont be able to sell shares

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Wrong info buddy! They won't be de-listing. They will actually start trading again. Read the announcements

RRP Price at posting: 8.5¢ Sentiment: None Disclosure: Held
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