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.
I don’t necessarily agree with MoM assessment … the 4 month rule...
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Last
98.5¢ |
Change
0.095(10.7%) |
Mkt cap ! $1.088B | |||
| Open | High | Low | Value | Volume |
| 90.0¢ | $1.00 | 90.0¢ | $6.153M | 6.372M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 200000 | 97.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 99.0¢ | 16444 | 2 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| SPR (ASX) Chart |