XGenesis, I was slow to respond because I'm not an expert and don't want to inflame any discussion about takeovers (enough of that on other sites). I looked up the takeover percentages about 12 months ago, so have forgotten most of the detail. However, from memory the key point is whether it is a hostile takeover or "friendly" one. If it is favourable, the Board may recommend it. However, a suitor needs about 90% of the company's shares to force a takeover (hostile). I'm sure others can provide more accurate details. Good luck amegos.
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Last
45.3¢ |
Change
0.023(5.23%) |
Mkt cap ! $89.85M | |||
| Open | High | Low | Value | Volume |
| 46.0¢ | 46.5¢ | 45.0¢ | $32.74K | 71.58K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 7000 | 44.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 46.0¢ | 6267 | 2 |
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| Last trade - 12.09pm 02/09/2024 (20 minute delay) ? |
| ARL (ASX) Chart |