No, they do not need to make a takeover offer to increase their shareholding after 19.9%.
This is where the creep provisions of 3% per year start.
If they want more than 3% per year then they need to make a takeover offer
No, they do not need to make a takeover offer to increase their...
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Last
1.5¢ |
Change
-0.001(6.25%) |
Mkt cap ! $121.9M | |||
| Open | High | Low | Value | Volume |
| 1.6¢ | 1.7¢ | 1.5¢ | $149.6K | 9.344M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 30 | 9443439 | 1.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.7¢ | 6145150 | 7 |
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| PCL (ASX) Chart |