The 75% rule means that before RG announced his bid, he had 175M shares (50.1%). In order for him to utilise the 75% acquisition rule, he has to successfully acquired the remaining 49.9% * 75% *344M shares outstanding = 126.75M shares. He has now only gotten from 50.1% to 67%, in other words, he still has 18% to get to 85% in order to compulsorily acquire the remaining shareholders. No chance mate RG!
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The 75% rule means that before RG announced his bid, he had 175M...
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84.5¢ |
Change
-0.005(0.59%) |
Mkt cap ! $290.9M |
Open | High | Low | Value | Volume |
84.5¢ | 85.0¢ | 84.5¢ | $18.97K | 22.45K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 164314 | 84.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
85.0¢ | 94256 | 30 |
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No. | Vol. | Price($) |
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3 | 164314 | 0.845 |
3 | 111063515 | 0.840 |
1 | 2200 | 0.800 |
1 | 65600 | 0.760 |
1 | 2200 | 0.700 |
Price($) | Vol. | No. |
---|---|---|
0.850 | 94256 | 30 |
0.855 | 41868 | 3 |
0.860 | 31579 | 4 |
0.870 | 37497 | 4 |
0.880 | 1604 | 1 |
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