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AMM VOC merge, page-9

  1. TerribleTadpole
    1,908 Posts.
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    28/05/15
    08:42
    Post #: 15365239
    Of course, if TPG do go over the 20% limit they could launch a stupid bid that they know would never be accepted.

    But the real problem - the one that prevents them from exceeding the limit - is that once the have a bid on the table they lose the right to vote on either their own or competing takeover offers. TPG would immediately lose their blocking position.
    AMM Price at posting: $2.45 Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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