Don’t need all the shareholders to sell. Could do a scheme of arrangement with BoD support and a 75% shareholder approval (by both votes and number of shareholders that participate in the scheme meeting) will get them 100%.Mindy you, I agree it wouldn’t happen at current price. Would need some kind of premium for the independent expert to recommend the deal and get court approval.
Don’t need all the shareholders to sell. Could do a scheme of...
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Mkt cap ! $13.98M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
|---|---|---|
| 16 | 25553334 | 0.9¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 3530000 | 8 |
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