Acquisition thresholds are :
Reach 5% holding => public disclosure of holding.
Reach >20% => Takeover laws apply
Reach >50%. => guarantee board control
Reach 90% => compulsory acquisition applies.
It is the final threshold which is the one that will concern many of us if we want to be long term holders. Providing at least 10% hold out they will be a minority holding. It’s not an issue now but as dilution occurs it could really creep up on holders.
Iron Awe - how and why HIO could 100X, page-465
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| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| Price($) | Vol. | No. |
|---|---|---|
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