ACX 0.00% $7.79 aconex limited

How much % ownership/share voting rights do the board have?...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 73 Posts.
    How much % ownership/share voting rights do the board have? assuming the board votes for it, and even half of the other shareholders vote for it - it's basically a sure thing, right?

    Reason I ask - trying to figure out whether to hold, or sell now. 15c off the offer price on my holding of approx. 10,000 shares is not much.

    My thinking:

    1) Could get closer to 780 jn the next few days/weeks
    2) Could drop back once excitement wanes
    3) Oracle could sweeten the deal if people start voting against (doubtful?)
    4) Could get over 780 before the deal - but i'd be very surprised.

    Thoughts?
 
watchlist Created with Sketch. Add ACX (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.