Would be possible with 75%, but will take longer. If they get 75% they can issue themselves 25% more shares every year to dilute minority holders. They will want to do this as cheaply as possible. So expect share price to dive if after expiration of T/O bid and them receiving 75% control.
- Forums
- ASX - By Stock
- Ann: BCP Energy T/O Bid - Notice of Status of Conditions
Would be possible with 75%, but will take longer. If they get...
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add NDO (ASX) to my watchlist
The Watchlist
ACW
ACTINOGEN MEDICAL LIMITED
Andy Udell, CCO
Andy Udell
CCO
SPONSORED BY The Market Online