Right now GR can frustrate the SoA and vote it down. ALB can amend the SoA in a variety of ways to cut GR in - the Scheme Booklet and NoM not even out yet so they have planty of scope to do change arrangements (obviously with consent of LTR BoD). ALB and GR could cut a deal where the Scheme proceeds but instead of LTR being wholly owned it would be jointly owned. GR becomes an interested party and can no longer vote her shares so cant vote it downn and SoA proceeds. This has been done before. ZEN when privatised by PE was subject to greemail by OPT/ICG which were subsequently cut into the deal by amending the SoA.
Right now GR can frustrate the SoA and vote it down. ALB can...
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Last
$1.40 |
Change
0.070(5.26%) |
Mkt cap ! $3.394B | |||
| Open | High | Low | Value | Volume |
| $1.32 | $1.40 | $1.31 | $17.90M | 13.12M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 600 | $1.39 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.40 | 257662 | 18 |
View Market Depth
| Last trade - 16.10pm 09/05/2024 (20 minute delay) ? |
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Last
$1.39 |
Change
0.070 ( 5.25 %) |
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| Open | High | Low | Volume | ||
| $1.32 | $1.39 | $1.31 | 3329317 | ||
| Last updated 15.59pm 09/05/2024 ? | |||||
| LTR (ASX) Chart |