@SugeKnight and @dairyFarmerDamo have both hit the nail on the head.
the question is.... how long can merger talks stay under wraps before needing to be disclose to shareholders and the market.....
interim and continuous disclosure must be adhered to.. so holding back and announcent while "merger" negotiations are going on is plausible. This has a shelf life though and an imminent announcement should not be parked too long.
I have had 9 September as the d day for a while. It's in my chart.
thoughts on disclosure delays/requirements?
Take over premium ?, page-218
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Last
$1.35 |
Change
-0.005(0.37%) |
Mkt cap ! $1.494B | |||
| Open | High | Low | Value | Volume |
| $1.34 | $1.38 | $1.33 | $6.638M | 4.888M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 7403 | $1.35 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.35 | 5998 | 1 |
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| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| SPR (ASX) Chart |