JMB jumbuck entertainment limited

Hi Guys,I thought that once you got to 19.9% you had to make a...

  1. JID
    3,679 Posts.
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    Hi Guys,

    I thought that once you got to 19.9% you had to make a takeover offer if you were buying a greater share of the Company.

    The one exception that I am aware of is that in each calendar year the shareholder can add a very small percentage (I think 2 or 3% to their holding).

    If this is the case, don't expect Sieana to buy any more unless it is a full takeover...

    Cheers
    John
 
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