I don’t necessarily agree with MoM assessment … the 4 month rule is usually got to do with bid price.
Technically they haven’t made a takeover bid but an offer to buy shares … so long as their offer is 89c that’s fine.
This really means nothing as there are several outs …. The meaning of “current” means “now” so is irrelevant theoretically in a week, fortnight or month etc.
They will try and soak up close to 19.99% first.
Chart, page-312
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 (20min delay)
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Last
$1.33 |
Change
0.030(2.32%) |
Mkt cap ! $1.466B | |||
| Open | High | Low | Value | Volume |
| $1.30 | $1.33 | $1.30 | $5.495M | 4.179M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 28529 | $1.32 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.33 | 288685 | 9 |
View Market Depth
| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| SPR (ASX) Chart |