Further if UCL get 8.5% of MAK shareholders to cross over will that give them the majority of Sandpiper?
Of course not. That would simply make UCL an 8.5% shareholder of MAK. MAK still owns an equal share of Sandpiper and has equal say as UCl in any decisons that are made.
UCl need to gain 90% of MAK and then they can compulsarily acquire the remaining 10%. In other words 90% is required for a successful takeover bid.
Let's face it, unless the offer for UCl by MAK or MAK for UCL is significntly higher than their current share prices there is not going to be a successful takover. This whole saga has been very damaging to both companies.
- Forums
- ASX - By Stock
- AEV
- if i don't accept ucl offer, what then?
AEV
avenira limited
Add to My Watchlist
11.1%
!
0.8¢

if i don't accept ucl offer, what then? , page-5
Featured News
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
|
|||||
Last
0.8¢ |
Change
-0.001(11.1%) |
Mkt cap ! $25.42M |
Open | High | Low | Value | Volume |
0.9¢ | 0.9¢ | 0.8¢ | $3.935K | 437.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
11 | 7234999 | 0.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.9¢ | 202000 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
11 | 7234999 | 0.008 |
4 | 1147490 | 0.007 |
5 | 2585000 | 0.006 |
2 | 1300000 | 0.005 |
2 | 1450000 | 0.004 |
Price($) | Vol. | No. |
---|---|---|
0.010 | 6540823 | 13 |
0.011 | 1100099 | 2 |
0.012 | 2544954 | 2 |
0.013 | 1234269 | 4 |
0.014 | 571499 | 2 |
Last trade - 16.10pm 04/07/2025 (20 minute delay) ? |
Featured News
AEV (ASX) Chart |
The Watchlist
NUZ
NEURIZON THERAPEUTICS LIMITED
Dr Michael Thurn, CEO & MD
Dr Michael Thurn
CEO & MD
SPONSORED BY The Market Online