no you cant take the offer - NCM need something like 80% or 90% of LGL shares for them to issue their shares to LGL shareholders. and i don't LGL shareholders will go for it. not to that extent anyways.
I think you are talking about a compulsory takeover of the remaining shares in which case you need to have acquired 90% of the shares on issue to have a right to purchase the remaining 10% like it or not.
You have the right to sell or trade your shares how you see fit either on market or off its up to you.
So the way I see it I could take this offer if I chose.
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Last
$1.67 |
Change
0.000(0.00%) |
Mkt cap ! $203.8M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10832 | $1.66 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.75 | 1918 | 2 |
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| Last trade - 10.00am 04/07/2025 (20 minute delay) ? |
| LGL (ASX) Chart |
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