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0.00% 28.5¢ acer energy limited

acer energy board transition , page-10

  1. invertedva
    3,719 Posts.
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    09/11/12
    19:07
    Post #: 10980733
    Issuing shares to take control of a company when under a formal takeover offer. Is that even legal?

    Sounds like something out of The Robber Barons.

    The reason some people continue to hold is because they judge the company is worth more than what is offered. They are hoping for a better offer. Quite simple really.
    ACN Price at posting: 28.5¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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Currently unlisted public company.

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