Even at the first glance I don’t think many would want to be left as a minority holder of SPX- which remains listed but under control of a parent entity. The dead zone between 50.1% & 90% isn’t a good place to be left in. Also my reading is that between 50.1% & 80% take up provides no tax rollover relief to those who accept the offer.
Ann: Targets' Statement, page-6
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Last
0.9¢ |
Change
-0.002(18.2%) |
Mkt cap ! $38.92M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.1¢ | 0.9¢ | $101.4K | 9.387M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 5355167 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 597838 | 2 |
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| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| SPX (ASX) Chart |