NOR
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10.0% 3.3¢ norwood systems limited

To go above 20% holding in a company you need to follow takeover...

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  1. DoubleDown!
    1,186 Posts.
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    28/03/19
    10:41
    Post #: 37910873
    To go above 20% holding in a company you need to follow takeover rules which I think would involve putting in an offer for the company to all shareholders.

    Thats why the underwriting isn't in full, it could put Pinnacle over 20%. I don't think they could convert their note either if it put them over 20%.
    NOR Price at posting: 0.3¢ Sentiment: Sell Disclosure: Not Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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Last
3.3¢ 		Change
0.003(10.0%) 		Mkt cap ! $14.25M
Open High Low Value Volume
3.1¢ 3.3¢ 3.1¢ $7.338K 225K

Buyers (Bids)

No. Vol. Price($)
1 50000 2.9¢
 

Sellers (Offers)

Price($) Vol. No.
3.3¢ 215795 2
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Last trade - 14.28pm 22/11/2024 (20 minute delay) ?
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