There is no squeeze. They can sell, participate in further fundraising and retain their shareholding or not participate and have holding % reduced.
Sounds like a squeeze to me 99. If i was one of the 20% holding out, i think it would feel like a squeeze. Not that they lose everything, they sell and walk away filthy rich. Some people just want more and more.
Ann: Third Supplementary Target's Statement, page-10
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Last
$3.78 |
Change
0.100(2.72%) |
Mkt cap ! $2.476B | |||
| Open | High | Low | Value | Volume |
| $3.72 | $3.81 | $3.69 | $6.262M | 1.659M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 32245 | $3.78 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.79 | 18587 | 3 |
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| Last trade - 16.10pm 06/06/2024 (20 minute delay) ? |
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Last
$3.77 |
Change
0.100 ( 2.23 %) |
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| Open | High | Low | Volume | ||
| $3.70 | $3.81 | $3.69 | 459433 | ||
| Last updated 15.59pm 06/06/2024 ? | |||||
| EMR (ASX) Chart |