I believe that is the correct interpretation .. The 80% threshold will be exceeded in the coming days and thus will satisfy the conditions for 'scrip for scrip roll over relief'
The date on which it goes unconditional should not be a factor
GLTAH
Ann: Variation of Takeover Bid - Extension of the Offer Period, page-13
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Last
1.6¢ |
Change
-0.002(11.1%) |
Mkt cap ! $49.76M | |||
| Open | High | Low | Value | Volume |
| 1.8¢ | 1.8¢ | 1.5¢ | $797.4K | 49.05M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 2397883 | 1.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.7¢ | 2031381 | 4 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| ADN (ASX) Chart |