my understanding is that Chinese own just over 50% and that was all they were permitted to own unless something has changed also about 40% more of the company is held by major shareholders and they mostly bought in at over .50 cents. What percentage of the company do the Chinese need to fully take over? I cant see the other major shareholder selling unless they are made a bloody good offer.
that is my opinion at least.
- Forums
- ASX - By Stock
- PEM
- takeover
takeover, page-2
-
-
- There are more pages in this discussion • 12 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PEM (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
SPONSORED BY The Market Online