from 1st supp target statement oh dear read the bold DCN could be delisted
(b) Genesis currently controls DacianAs at 19 December 2022, the last practicable date before the date of this Supplementary Target’s Statement, Genesis has a relevant interest in 76.1% of Dacian’s Shares and controls Dacian. The only other substantial Dacian shareholders are Kin Mining NL and its associates who together have, as announced to ASX, a relevant interest in 10.56% of Dacian’s Shares.Genesis has declared the Offer to be best and final as to consideration and that it will not be increased, and the Offer will close on 16 January 2023 (unless extended). If Dacian Shareholders decide not to accept the Offer and remain Dacian Shareholders (and assuming the Offer closes but Dacian Shares are not compulsorily acquired) the outcome of the Offer will be that Genesis controls Dacian while other Dacian Shareholders hold a minority shareholding. If this occurs, the liquidity of Dacian Shares may be reduced. Further, ASX may also de-list Dacian, which would mean that Dacian Shares could not be sold on market.
- Forums
- ASX - By Stock
- GMD SBM merger
from 1st supp target statement oh dear read the bold DCN could...
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add KIN (ASX) to my watchlist
(20min delay)
|
|||||
Last
5.7¢ |
Change
-0.002(3.39%) |
Mkt cap ! $67.15M |
Open | High | Low | Value | Volume |
5.7¢ | 5.9¢ | 5.7¢ | $17.15K | 299.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 15481 | 5.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.9¢ | 294436 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 15481 | 0.057 |
2 | 194262 | 0.056 |
2 | 56818 | 0.055 |
3 | 65592 | 0.054 |
1 | 188000 | 0.053 |
Price($) | Vol. | No. |
---|---|---|
0.059 | 294436 | 1 |
0.060 | 473782 | 3 |
0.061 | 75000 | 1 |
0.062 | 116949 | 2 |
0.064 | 87679 | 3 |
Last trade - 15.59pm 30/07/2024 (20 minute delay) ? |
Featured News
KIN (ASX) Chart |
The Watchlist
MTL
MANTLE MINERALS LIMITED
Nick Poll, Executive Director
Nick Poll
Executive Director
SPONSORED BY The Market Online