One thing I am a bit lost on, is if pashe two is enacted... Why would shareholders who have voted no opt to sell for 27cents?
Meaning theoretically JPower would have to come back with higher bids in order to reach 90% and tick the box for 'Cumpolsory Acquisition'?
Is this right? Can Jpower come back to shareholders who initially refuse the 27.5 cent offer, and then refuse the 27 cent off-market offer, with a higher offer?
And if they can/must, won't shareholders who sold for 27 cents be kicking themselves?
Any help appreciated.
- Forums
- ASX - By Stock
- TAKEOVERS PANEL and the INDEPENDENT EXPERT REPORT.
One thing I am a bit lost on, is if pashe two is enacted... Why...
- There are more pages in this discussion • 63 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 GNX (ASX) to my watchlist
(20min delay)
|
|||||
Last
26.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $367.0M |
Open | High | Low | Value | Volume |
27.0¢ | 27.0¢ | 26.5¢ | $1.537M | 5.700M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
33 | 31741663 | 26.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
27.0¢ | 15648906 | 150 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
31 | 26278770 | 0.265 |
25 | 32344152 | 0.260 |
1 | 22000 | 0.255 |
6 | 188000 | 0.250 |
1 | 5000 | 0.245 |
Price($) | Vol. | No. |
---|---|---|
0.270 | 15546405 | 148 |
0.275 | 2975245 | 38 |
0.280 | 343737 | 12 |
0.285 | 146061 | 6 |
0.290 | 32180 | 2 |
Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
|
|||||
Last
26.8¢ |
  |
Change
0.000 ( 0.93 %) |
|||
Open | High | Low | Volume | ||
26.8¢ | 27.0¢ | 26.8¢ | 416679 | ||
Last updated 15.59pm 03/05/2024 ? |
Featured News
GNX (ASX) Chart |