Happy Farther’s day to all.
I have a question/s to those who may shed some light.
Strike have a proposed scheme of arrangement for a takeover of TPD to be voted on by TPD in December.
Hypothetically if a takeover occurred before December with a listed company how would that arrangement be treated. I understand a company being takeover is bound by its current arrangements. Would the hypothetical acquirer issue shares for itself and at what value.
Alternatively if a takeover occurred before December with a private company how would the arrangement be treated.
Perhaps the answer is in the proposed scheme of arrangement document which we are not privy to.
Cleary any takeover of Strike would likely see the price increase likewise TPD before completion and a vote in December.
There is probably a simple logical answer but I have thought about it a while and can’t quite put my finger on it so thought I would ask at the risk of sounding silly.
Happy Farther’s day to all.I have a question/s to those who may...
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Last
21.0¢ |
Change
-0.005(2.33%) |
Mkt cap ! $600.7M | |||
| Open | High | Low | Value | Volume |
| 21.5¢ | 21.5¢ | 20.8¢ | $1.987M | 9.401M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 1970140 | 21.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.5¢ | 199083 | 13 |
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| Last trade - 16.10pm 20/05/2024 (20 minute delay) ? |
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Last
21.5¢ |
Change
-0.005 ( 0.23 %) |
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| Open | High | Low | Volume | ||
| 21.3¢ | 21.5¢ | 20.8¢ | 8112683 | ||
| Last updated 15.59pm 20/05/2024 ? | |||||
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