SMC 0.00% 49.0¢ strategic minerals corporation nl

please read the compulsory acquisition provisions/processes in...

  1. 5 Posts.
    please read the compulsory acquisition provisions/processes in the Corp Act - speclfically s661( compulsory acquisition immediately following a takeover bid that takes the bidder to over 90%), and s662 the process for that pathway; and s664 the process that needs to be followed if the 90% is reached via 'creep' ie onmarket acquisitions. also read s667. I've found the compulsory acquisition bits of the Act very readable and easy to understand. In my view, unless the next takeover bid is actually truly 'generous' then we'll be much better off if wallin gets there via creep

 
watchlist Created with Sketch. Add SMC (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.