while theoretically that could happen practically wouldn't make sense.
the traditional sense would be a offer put forward initially upon which management / board can make a call on. this would be disclosed as will need to go to shareholders.
in the event that it's a NO , then you would accrete slowly. this is very difficult to pull off in Austrlaia and therefore usually you wait for price / value to be low and pay a premium on NAV
Anyone else frustrated with the SP with all the positive news we have received lately?, page-96
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Last
4.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $364.4M | |||
| Open | High | Low | Value | Volume |
| 4.9¢ | 5.0¢ | 4.8¢ | $519.1K | 10.60M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 70 | 9859318 | 4.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.9¢ | 316611 | 5 |
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| Last trade - 16.10pm 08/10/2024 (20 minute delay) ? |
| IMU (ASX) Chart |