I only have experience with one ASX company that was bought out by a private company & we got a $ amount per share.
Was 26.5c on market at the time & buy out offer was 72c over a couple of months with subsequent offer price increases after the initial offers were not accepted = 271.7% premium.
Yes nice premium but capital gains tax & shares gone. Lucky i had them for just over 12 months. What if they went to $10 in future?
If an Amazon or similar was to buy out DW8 I would prefer Amazon shares in leau of the cash. I can sell them off slowly if need be to minimize CGT or hold them longer.
I believe if a listed company was to buy out another listed company you will have the option of shares.
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