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
$3.62 |
Change
-0.170(4.49%) |
Mkt cap ! $2.369B | |||
| Open | High | Low | Value | Volume |
| $3.67 | $3.72 | $3.62 | $8.300M | 2.276M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 54568 | $3.62 |
Sellers (Offers)
| Price($) | Vol. | No. |
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| $3.64 | 1201 | 1 |
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| Last trade - 16.10pm 24/05/2024 (20 minute delay) ? |
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Last
$3.62 |
Change
-0.170 ( 4.92 %) |
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| Open | High | Low | Volume | ||
| $3.65 | $3.73 | $3.62 | 358482 | ||
| Last updated 15.59pm 24/05/2024 ? | |||||
| EMR (ASX) Chart |