You can't just offer 59c cents, it would need to go through the board to advise the shareholders to reject or accept - than a vote.
So the only way to obtain 25% of the CVN registry is via on-market purchases. Would they get 300m shares for 59c (average) - I think not.
Equinor granted WA-542-P, page-87
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Last
16.5¢ |
Change
0.005(3.13%) |
Mkt cap ! $295.1M | |||
| Open | High | Low | Value | Volume |
| 16.0¢ | 16.5¢ | 16.0¢ | $32.57K | 200.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 480493 | 16.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.5¢ | 2159498 | 20 |
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| Last trade - 10.23am 08/11/2024 (20 minute delay) ? |
| CVN (ASX) Chart |