At least with us originals retaining 2% of the shares, they will have to make ASX announcements to all concerned. It will take sometime to complete the share transfers. If the originals still hold 34M shares (2% of 1.7B), a takeover of the remainder at last market cap would only cost them 2% of $80.5M ie $1.61M. S'body check my maths, it seems ridiculous. They will have overriding say if wanting a complete takeover but I am hoping they will trade again as is and let the market value the stock.
Ann: Supreme Court Approves s4444GA Transfer, page-42
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$8.17 |
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Mkt cap ! $2.955B | |||
| Open | High | Low | Value | Volume |
| $8.22 | $8.31 | $8.13 | $21.70M | 2.652M |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 129 | $8.16 |
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| Price($) | Vol. | No. |
|---|---|---|
| $8.17 | 11735 | 3 |
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