They only need 51%. After that they control the board and can decide to take it private,which will shake most shareholders out in advance of that happening.
That said,speculation of a takeover anytime soon is just wishful thinking.
They only need 51%. After that they control the board and can...
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Last
4.7¢ |
Change
-0.001(2.08%) |
Mkt cap ! $81.19M | |||
| Open | High | Low | Value | Volume |
| 4.7¢ | 4.8¢ | 4.5¢ | $235.2K | 5.063M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 345105 | 4.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.8¢ | 571500 | 3 |
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| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| TVN (ASX) Chart |