not quite!
the board will endorse or reject an offer.
the predator still needs to have acceptance from the shareholders, by way of subscribing to the offer.
90% is the magic number where... if the predator acquires over 90% they can force the remaining shareholders to sell into the offer.
it is possible that a takeover could be endorsed by the board, but rejected by the shareholders.
simple as that.
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Last
0.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $13.75M |
Open | High | Low | Value | Volume |
0.9¢ | 0.9¢ | 0.9¢ | $5.9K | 655.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
22 | 6120343 | 0.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.0¢ | 1165163 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
22 | 6120343 | 0.009 |
10 | 29980304 | 0.008 |
6 | 6133515 | 0.007 |
7 | 5489807 | 0.006 |
13 | 9149887 | 0.005 |
Price($) | Vol. | No. |
---|---|---|
0.010 | 1165163 | 4 |
0.011 | 1970000 | 5 |
0.012 | 1392985 | 8 |
0.013 | 2181058 | 8 |
0.014 | 4060413 | 10 |
Last trade - 10.04am 02/09/2024 (20 minute delay) ? |
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