BTA 0.00% 57.0¢ biota holdings limited

xtsxos buys, page-5

  1. 8,256 Posts.
    Thanks moreld

    I need to blow the cobwebs out of the old brain.

    On a takeover, we would know pretty quickly because there would be an ASX announcement on that first 5% and/or shareholders would be receiving a letter.

    With the price having been driven down by a lower than expected royalty announcement and then further by a false statement by Peter Cook, are shareholders getting primed for a lower than expected takeover bid? It could not be that blatant - surely.

    Either way, the question is, would the majority of bashed shareholders accept a bid that was under $2? I sure as hell wouldn't.

    I think there is a pretty good spread of small shareholders.
    Can anyone clarify the approx spread?
    I know Hunter Hall has/had just over 20%.
    What approx percentage do Directors and their interests own?
    What approx does that leave in the balance?
 
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