I doubt that is what is happening. But I guess JD taking a stake in A2M isn't out of the question given the previous interest way back then.
In a takeover the bidder usually makes an offer to acquire shares off-market for a price that is equivalent to the current SP + whatever % premium the bidder wants to pay. I think when China Mengniu tookover Bellamy's they paid ~60% premium. By contrast A2M is in way better shape than Bellamy's was financially.
To my knowledge the bidder needs to reach at least 90% ownership of all shares before they can compulsorily acquire the remainder and complete the acquisition. I think in some circumstances it can be accepted by a shareholder vote (quick) whereas in other cases it is more protracted reaching the 90% mark.
- Forums
- ASX - By Stock
- A2M
- Media Updates
Media Updates, page-12561
-
-
- There are more pages in this discussion • 1,947 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add A2M (ASX) to my watchlist
|
|||||
Last
$7.09 |
Change
-0.050(0.70%) |
Mkt cap ! $5.132B |
Open | High | Low | Value | Volume |
$7.16 | $7.17 | $7.07 | $6.338M | 891.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
20 | 16888 | $7.09 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$7.10 | 3884 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
20 | 16888 | 7.090 |
12 | 11216 | 7.080 |
10 | 22165 | 7.070 |
9 | 23375 | 7.060 |
9 | 34206 | 7.050 |
Price($) | Vol. | No. |
---|---|---|
7.100 | 3884 | 5 |
7.110 | 16506 | 22 |
7.120 | 17823 | 21 |
7.130 | 35352 | 15 |
7.140 | 16544 | 12 |
Last trade - 12.49pm 31/07/2024 (20 minute delay) ? |
Featured News
A2M (ASX) Chart |
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, CEO
Anthony Noble
CEO
SPONSORED BY The Market Online