Hang on a minute, if these two have exceeded the 19.9% threshold, should they not be forced to launch a takeover?
There is a rule tht they can acquire an additional 3% every six months without triggering a TO but I would've thought this initial breach of the threshold would also trigger it.
Any peeps out there across the technicalities of the TO rules?
Are we now staring down the barrell of a new bid?
WDR Price at posting:
48.0¢ Sentiment: Buy Disclosure: Held