I am curious how the takeovers threshold is accommodated in this transaction:
Takeovers threshold
A person cannot acquire a ‘relevant interest’ in a company’s shares if it would result in that person’s or someone else’s ‘voting power’ in the company increasing from 20% or below to more than 20%, or increasing from a starting point that is above 20% and below 90%, unless the acquisition occurs via a specified exception (such as a takeover bid, scheme of arrangement or with target shareholder approval).
I am curious how the takeovers threshold is accommodated in this...
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Last
31.0¢ |
Change
0.035(12.7%) |
Mkt cap ! $73.68M | |||
| Open | High | Low | Value | Volume |
| 28.5¢ | 32.0¢ | 27.5¢ | $200.3K | 671.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5258 | 30.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 31.0¢ | 11780 | 1 |
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| Last trade - 16.10pm 30/07/2024 (20 minute delay) ? |
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