SEH 0.00% 25.0¢ sino gas & energy holdings limited

Actually, 75% of shareholders have to consent for the deal to go...

  1. 1 Posts.
    Actually, 75% of shareholders have to consent for the deal to go through. If this actually happens, the shares would continue to trade until all the regulatory approvals are met. It would only stop trading once the shareholders are squeezed out and get their money.
    I would see the probability that the current offer goes through at below 20% (unless the offer price is increased or the market crashes by 50%).
 
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Currently unlisted public company.

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