The directors of the company thought the offer was good, so they took it. The little shareholders didn't have a say.
"Primary Gold Ltd (ASX PGO) surged 30% on news of a takeover offer from its largest shareholder Hanking Australia.Hanking is a subsidiary of Hong Kong Stock Exchange-listed China Hanking Holdings Limited (HKSE:03788), has made an all-cash takeover offer of $0.0575 per share.Primary Gold’s independent directors have unanimously recommended that shareholders accept the offer, which represents a 47.3% premium to the last traded share price of $0.039 on 16 February 2018."
The directors of the company thought the offer was good, so they...
Add BCN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
2.9¢ |
Change
0.001(3.57%) |
Mkt cap ! $108.9M | |||
| Open | High | Low | Value | Volume |
| 2.9¢ | 2.9¢ | 2.8¢ | $10.42K | 361.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 572230 | 2.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.9¢ | 3848939 | 12 |
View Market Depth
| Last trade - 16.10pm 24/05/2024 (20 minute delay) ? |
| BCN (ASX) Chart |