To answer your first question, would we hear from the board about why they have accepted, yes we would. There's usually a whole section in the scheme booklet as to why the board have recommended the offer (as well as a section for why shareholders may wish to refuse the offer). The below were sections from Tassal's Scheme booklet when they were bought out last year:
1 Key considerations relevant to your vote
1.1 Summary of key reasons why you might vote in favour of or against the Scheme
1.2 Reasons why you should vote in favour of the Scheme
1.3 Reasons why you may consider voting against the Scheme
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59.5¢ |
Change
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Mkt cap ! $1.442B |
Open | High | Low | Value | Volume |
62.0¢ | 62.5¢ | 59.0¢ | $8.852M | 14.66M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
17 | 212314 | 59.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
60.0¢ | 310624 | 8 |
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19 | 474195 | 0.590 |
10 | 202143 | 0.585 |
33 | 263700 | 0.580 |
6 | 87691 | 0.575 |
Price($) | Vol. | No. |
---|---|---|
0.600 | 110624 | 7 |
0.605 | 285741 | 8 |
0.610 | 261056 | 5 |
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