PCL pancontinental energy nl

General Thoughts, page-5218

  1. 758 Posts.
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    Hi Rooey interesting thoughts mate. But I do have issue with a few things regards a "takeover". I believe for a takeover to even begin to happen one single investor must have a minimum 20% interest in the company which makes sense, why takeover a company you have no vested interest in. Secondly, is voting power......the general public owns 74.6% of the current shares that are on issue. If PCL want to sell-out they would need to go thought us, the public investor. This means that, and as I understand it, that if PCL gets some ridiculous offer of a buy-out.....lets say 0.08 cents a share, then as the majority shareholder, meaning us the general public, WE the 74.6% would have the voting power to stop the sale. So at this point I would not to much thought into getting taken over, at least for now. If someone wants to take over PCL THEY NEED TO GO THROUGH US FIRST! sneaky.png But please I may be wrong, and if so please let me know, I'm always ready to listen and learn. Cheers!
 
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(20min delay)
Last
1.1¢
Change
0.000(0.00%)
Mkt cap ! $89.50M
Open High Low Value Volume
1.1¢ 1.1¢ 1.1¢ $4.434K 403.0K

Buyers (Bids)

No. Vol. Price($)
11 2589134 1.1¢
 

Sellers (Offers)

Price($) Vol. No.
1.2¢ 2764387 8
View Market Depth
Last trade - 15.59pm 20/06/2025 (20 minute delay) ?
PCL (ASX) Chart
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