From the MGX takeover bid.
The Offer is subject to the following conditions:
• At the end of the Offer Period, Mount Gibson has relevant interests in at least 90% of the Aztec Shares (on a fully diluted basis).
...
• Between the Announcement Date and the date of the Offer, Mount Gibson Shares do not trade below $0.71 on ASX at any time on any trading day.
MGX is currently trading at 71c.
I'll admit I don't know much about the consequences if it trades below 71, or even if there are any.
Can anyone offer any insight into this?
thanks.
AZR
aztec resources limited
mgx takeover bid
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