I believe when company goes into liquidation shareholders become unsecured creditors and put at the end of the queue and nobody will offer them anything except leftovers from asset sales if any. So, I if shareholders what get some of their money back they better vote "yes" to the "loan" proposal. But after that say "no" to allow Bright get more than 50% in the company. I believe that the only way to force Bright to initiate full takeover by itself or together with A2M. And then shareholders might get something meaningful back.
I'm not sure if BusinessDesk is right about 3rd largest shareholder
Top 5 shareholders below
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A2M
the a2 milk company limited
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0.62%
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$8.08

I believe when company goes into liquidation shareholders become...
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Last
$8.08 |
Change
0.050(0.62%) |
Mkt cap ! $5.813B |
Open | High | Low | Value | Volume |
$8.05 | $8.11 | $8.02 | $6.596M | 819.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
32 | 11258 | $8.07 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$8.08 | 6094 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
24 | 10277 | 8.060 |
36 | 15122 | 8.050 |
16 | 21034 | 8.040 |
12 | 23326 | 8.030 |
12 | 26943 | 8.020 |
Price($) | Vol. | No. |
---|---|---|
8.070 | 2920 | 6 |
8.080 | 20370 | 19 |
8.090 | 21968 | 15 |
8.100 | 29034 | 14 |
8.110 | 34922 | 11 |
Last trade - 14.46pm 31/07/2025 (20 minute delay) ? |
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A2M (ASX) Chart |