Does anyone know what the limits are on foreign investment in Australian companies?
The reason I ask, is when Chinalco tried to buy in RIO over the 7% they owned, I think the max was 14% in 2009.
How does this work with a takeover target?
Would the predator company have to be Australian owned to be able to take over at the percent required for a hostile takeover?
Cheers
Cristina
what's happening to pdn?, page-46
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$9.79 |
Change
0.040(0.41%) |
Mkt cap ! $2.927B | |||
| Open | High | Low | Value | Volume |
| $9.90 | $9.96 | $9.77 | $22.83M | 2.323M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 22420 | $9.79 |
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| Price($) | Vol. | No. |
|---|---|---|
| $9.84 | 11020 | 3 |
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