CEN RUM

Ann: Change in substantial holding from RUM , page-3

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  1. MinaPlaya
    1,397 Posts.
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    28/08/13
    17:32
    Post #: 12256682
    re: Ann: CEN: Change in substantial holding f... TFP

    I think a company can move into compulsory acquisition once the 90% threshold has been reached.

    This document may shed some light.

    http://www.asic.gov.au/asic/asic.nsf/byheadline/Regulatory+Guide+10%3A+Compulsory+acquisitions+and+buyouts?openDocument

    (Download RG10 PDF)
    RUM Price at posting: 11.0¢ Sentiment: Buy Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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