Hi @Drumo
I agree with the points you made in your post except the last one. An offer from Hancock does not have to be via a scheme of arrangement and therefore be subject to a vote. Imo any new offer upon passing the takeover threshold is most likely to be an "off market" offer. The Allens takeover handbook (link below) provides the important things we all need to know if/when it happens...
https://www.allens.com.au/globalassets/pdfs/sectors-services/ma/takeovers-handbook.pdf
regards
DF
ASX Today, page-36744
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Change
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Mkt cap ! $2.388B | |||
| Open | High | Low | Value | Volume |
| 98.0¢ | $1.01 | 97.5¢ | $10.26M | 10.38M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 97045 | 97.5¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 98.5¢ | 8000 | 1 |
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