Your understanding is wrong. It's the shareholders who receive the CA. If there are only 8% left, 0.8% need to object.
This is fairly obvious if the CA limit is 90%. Why create a rule that is actually impossible, except where the major holder has exactly 90% and the entire 10% of remaining holders need to reject.
If JP still hold, they will be a big part of that. And if they do not object, it will be tough for the other shareholders to get to 10% objection.
- Forums
- ASX - By Stock
- what happens if i don't accept an offer.
Your understanding is wrong. It's the shareholders who receive...
- There are more pages in this discussion • 14 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 OAK (ASX) to my watchlist
(20min delay)
|
|||||
Last
7.0¢ |
Change
0.001(1.45%) |
Mkt cap ! $1.232M |
Open | High | Low | Value | Volume |
6.9¢ | 7.0¢ | 6.8¢ | $4.896K | 70.98K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 91 | 6.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
17.5¢ | 22450 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 91 | 0.069 |
1 | 80000 | 0.060 |
1 | 70000 | 0.057 |
2 | 78100 | 0.056 |
1 | 18148 | 0.055 |
Price($) | Vol. | No. |
---|---|---|
0.175 | 22450 | 1 |
0.180 | 30000 | 1 |
0.190 | 29137 | 1 |
0.455 | 6945 | 1 |
0.000 | 0 | 0 |
Last trade - 12.50pm 31/05/2024 (20 minute delay) ? |
|
|||||
Last
6.9¢ |
  |
Change
0.001 ( 4.55 %) |
|||
Open | High | Low | Volume | ||
6.9¢ | 6.9¢ | 6.9¢ | 9082 | ||
Last updated 11.27am 31/05/2024 ? |
Featured News
OAK (ASX) Chart |