ARL 1.08% 46.0¢ ardea resources limited

XGenesis, I was slow to respond because I'm not an expert and...

  1. 2,805 Posts.
    lightbulb Created with Sketch. 1707
    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.
 
watchlist Created with Sketch. Add ARL (ASX) to my watchlist
(20min delay)
Last
46.0¢
Change
-0.005(1.08%)
Mkt cap ! $91.85M
Open High Low Value Volume
45.5¢ 46.5¢ 45.5¢ $23.69K 52.04K

Buyers (Bids)

No. Vol. Price($)
1 9327 45.5¢
 

Sellers (Offers)

Price($) Vol. No.
46.5¢ 4546 1
View Market Depth
Last trade - 15.40pm 26/07/2024 (20 minute delay) ?
ARL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.