Quanta,
There are two major shareholders who each hold more than 10%. 10% is enough to block a compulsory acquisition at any price, so any takeover would need to be at a price that the two major shareholders would be willing to accept. Neither of those shareholders sold when the had the opportunity to do so last year at $5.
- Forums
- ASX - By Stock
- LNG
- Ann: Takeover Speculation-LNG.AX
Ann: Takeover Speculation-LNG.AX, page-52
-
- There are more pages in this discussion • 92 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
STX
Strike hands $48.5M contract to Clarke Energy to produce 20x 4.5MW gas engines for Sth Erregulla
KAI
Pilbara Minerals buys land off Kairos part of its York gold project for $20M – and a 2% royalty on any PLS gold sales