Just one remaining question. If they don't make to 90% will they walk, or live with the minorities?
From the offer doc:
(b) Minimum acceptance
At the end of the Offer Period, BC Iron has a Relevant Interest in at least 90% of the IOH
Shares (on a fully diluted basis).
As at 24/9 they were only at 78.09%.
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Last
25.5¢ |
Change
0.010(4.08%) |
Mkt cap ! $735.5M | |||
| Open | High | Low | Value | Volume |
| 24.5¢ | 25.5¢ | 24.5¢ | $109.2K | 438.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 34192 | 25.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 25.5¢ | 142505 | 3 |
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| Last trade - 16.10pm 04/07/2024 (20 minute delay) ? |
| BCI (ASX) Chart |