EAR 0.75% 33.3¢ echo resources limited

from bad to worse, page-49

  1. 265 Posts.
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    Might be worth a quick visit to the Australian Government Takeovers Panel website and check on the 'creep rule'... ie acquisition of no more than 3% every 6 months once over 20%. If my interpretation is correct, NST can creep their holding by that much through on market purchases without obligation to launch a takeover. Whether they'd bother is another matter entirely.
 
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