Is there a reason why this doesn't trigger a takeover offer under the 20% rule?
https://www.squirepattonboggs.com/-/media/files/insights/publications/misc/a-guide-to-takeovers-in-australia/a-guide-to-takeovers-in-australia.pdf?rev=9bdeb0e35f7d4e008b8b422469c6470c#:~:text=The%20main%20principles%20of%20takeovers,the%20“20%25%20rule”.
Is there a reason why this doesn't trigger a takeover offer...
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Last
$1.20 |
Change
0.015(1.27%) |
Mkt cap ! $2.011B | |||
| Open | High | Low | Value | Volume |
| $1.20 | $1.21 | $1.18 | $2.620M | 2.189M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 129838 | $1.19 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.20 | 122848 | 9 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
$1.20 |
Change
0.015 ( 1.07 %) |
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| Open | High | Low | Volume | ||
| $1.19 | $1.21 | $1.18 | 921304 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| CRN (ASX) Chart |