AGM
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0.00% $1.60 australian governance & ethical index fund

I believe the IBR/TMR situation was not compulsory acquisition...

  1. seals
    9,297 Posts.
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    30/03/08
    01:20
    Post #: 3521733
    I believe the IBR/TMR situation was not compulsory acquisition but rather delisting. TMR took over IBR but had a couple of holdout shareholders with around 15% between them. I understand that TMR made an application for delisting of IBR which was successful. This now means that the minority shareholders have no liquid market for their holdings.
    AGM Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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