I don't quite get that theory. Do they get net short from this? I don't have experience in shorting stocks.
Anyway the shares are arguably valued cheap by the market because of the Billis control factor. Having forced disposal reduces the control and arguably a buyer would pay well more than current levels?
How does Billis execute a takeover? That looks tricky to me and if we are talking he is forced to dispose a lot of shares then wouldn't it be another party making any takeover?
Ann: TOV: TBR Declaration of Unacceptable Circumstances, page-64
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Last
$4.90 |
Change
-0.030(0.61%) |
Mkt cap ! $230.8M | |||
| Open | High | Low | Value | Volume |
| $4.93 | $4.93 | $4.90 | $61.74K | 12.59K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2356 | $4.81 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.88 | 1072 | 1 |
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| Last trade - 10.54am 25/11/2024 (20 minute delay) ? |
| TBR (ASX) Chart |
