This gives some information regarding delisting also https://www.asx.com.au/documents/rules/gn33_removal_of_entities.pdf
There are different rules for different scenarios, from what I gather you will still have a month after delisting is advised to sell on ASX, you just wont have the price certainty of the offer period though.
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- Ann: Third Supplementary Target's Statement to Iberdrola Offer
This gives some information regarding delisting also...
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