That is correct, their was a limit to their investment. But only for the first 12 months from that initial 19.99% purchase. (According to the initial announcement by MSB when ceph came on board.)
So in reality, TEVA can snap up all of MSB if they choose too. MSB is overwhelming controlled by only a few, so wouldn't be hard if they were to agree, but next to impossible if they don't want to head down that path at the moment.
Just my thoughts
Cheers
That is correct, their was a limit to their investment. But only...
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Last
$1.07 |
Change
-0.055(4.89%) |
Mkt cap ! $1.221B | |||
| Open | High | Low | Value | Volume |
| $1.14 | $1.16 | $1.06 | $8.816M | 8.055M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 280000 | $1.07 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.07 | 2000 | 1 |
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| Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
| MSB (ASX) Chart |