I am Daniel Brady, not Dan Bradley and I sold above their offer price, so I think they didn't get my shares.
They need >90% of shares on issue and 75% of the remaining shares they are making the takeover offer for to do compulsory takeover. Your calculation seems correct. http://www.austlii.edu.au/au/legis/cth/consol_act/ca2001172/s661a.html
So holders with 25% of the non-Glencore shares on issue need to hold out to avoid compulsory takeover. I sold since I had an opportunity so sell above the offer price, and I also have the time-value advantage of not waiting for Glencore to pay me. I see compulsory takeover as likely, so I am out early.
- Forums
- ASX - By Stock
- Ann: Target's Statement
MRE
metrics real estate multi-strategy fund
Add to My Watchlist
1.00%
!
$2.02

I am Daniel Brady, not Dan Bradley and I sold above their offer...
Featured News
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
|
|||||
Last
$2.02 |
Change
0.020(1.00%) |
Mkt cap ! $305.8M |
Open | High | Low | Value | Volume |
$2.00 | $2.02 | $2.00 | $5.313M | 2.635M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 55911 | $2.00 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.03 | 11000 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 55911 | 2.000 |
2 | 21729 | 1.990 |
1 | 8336 | 1.980 |
1 | 5000 | 1.975 |
1 | 94336 | 1.970 |
Price($) | Vol. | No. |
---|---|---|
2.030 | 11000 | 2 |
2.040 | 1000 | 1 |
2.050 | 75000 | 1 |
2.060 | 15851 | 2 |
0.000 | 0 | 0 |
Last trade - 16.10pm 10/07/2025 (20 minute delay) ? |
Featured News
MRE (ASX) Chart |