Compulsory acquisition provision under the Corporations Act is 90%+, that is the target.
The company could again offer to buy from the Bullzeye minority at 32c or at any other figure it considers fair value.
The minority is approx. 40% of Bullzeye. Let’s see what happens with the court decisions and what that brings. Don’t overthink the situation.
Bullzeye, page-67
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Last
$3.72 |
Change
-0.130(3.38%) |
Mkt cap ! $2.468B | |||
| Open | High | Low | Value | Volume |
| $3.78 | $3.82 | $3.72 | $4.028M | 1.066M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 29 | 10694 | $3.72 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.73 | 10573 | 55 |
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| Last trade - 14.46pm 09/09/2024 (20 minute delay) ? |
| EMR (ASX) Chart |