MRE metrics real estate multi-strategy fund

I am Daniel Brady, not Dan Bradley and I sold above their offer...

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    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.
 
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(20min delay)
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
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Last trade - 16.10pm 10/07/2025 (20 minute delay) ?
MRE (ASX) Chart
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