had a read of target statement
the shares that were issued around bid time at 25c or so relate to debt conversion and conversion was at lenders election .
looking thru the history the bullseye board and the Chinese have had a ding dong going on for around 4 years, and haven’t had any joy with past takeover panel applications.
only concern is they hold around 14% of bullseye - can potentially stop compulsorily acquisition but can’t stop any special resolution. Which needs at least 75%
not sure what the Chinese end game is here - they are a minority stuck in an unlisted small producer reliant on toll treating. Hardly a compelling prospect.
I am sure EMR have a plan and will give the appropriate response.
The St*ckhead Stoush Report, page-2
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add EMR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$4.05 |
Change
0.230(6.02%) |
Mkt cap ! $2.657B | |||
| Open | High | Low | Value | Volume |
| $3.86 | $4.09 | $3.86 | $7.918M | 1.969M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 9199 | $4.04 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.05 | 150902 | 2 |
View Market Depth
| Last trade - 16.10pm 24/07/2024 (20 minute delay) ? |
| EMR (ASX) Chart |