It's easier if KL offers KL stock to De Grey holders in a buyout. As both shares are listed on the same exchange, from what I understand, government approvals are easier and the shares transfer can be accomplished on the ASX in a few days. That helps a little in convincing Australian investors to go along with the buyout. They can easily sell their KL shares if they don't like the company.
Kirkland Lake Gold, page-5
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Last
$1.16 |
Change
-0.005(0.43%) |
Mkt cap ! $2.780B | |||
| Open | High | Low | Value | Volume |
| $1.17 | $1.19 | $1.16 | $5.891M | 5.060M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 13206 | $1.16 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.17 | 104100 | 3 |
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| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| DEG (ASX) Chart |