Australia's largest stock trading and investment forum Australia's #1 stock forum

TBR

Click for more information

0.00%

$4.93 tribune resources limited

The Takeovers Panel will not "seek to give natural justice to...

First 53 Last

Share
Profile

Follow
maersk

125 Posts.

6

19/09/18

08:12

Post #: 35686691
Share

Originally posted by seboya ↑

What the literal firetruck does this have to do with anything.

If an individual has the ability to control the votes of a shareholding, they have to declare it. Any individual is not allowed to own more than 20% of an ASX company, unless under certain circumstances. The Takeovers Panel says both of these things may have occurred with shareholders in TBR. It will seek to give natural justice to the other shareholders of TBR by righting these legal wrongs.

How about instead of gaslighting the thread and pontificating about how the injustice of it all, we just keep discussion in this thread to what's in the Takeover Panel's Declaration and what it means to the company and its shareholders.

Expand

The Takeovers Panel will not "seek to give natural justice to the other shareholders of TBR by righting these legal wrongs", Seboya.
Surely, the remedy is to force Mr Billis to mount a formal takeover, rather than the stealthy long game he has constructed over the decades.

TBR Price at posting: $6.70 Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

GRL

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

BTH

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

There are more pages in this discussion • 22 more messages in this thread...

First 53 Last

Add TBR (ASX) to my watchlist

(20min delay)
Last $4.93		Change 0.000(0.00%)		Mkt cap ! $230.8M

Open	High	Low	Value	Volume
$5.00	$5.00	$4.93	$8.398K	1.69K

Buyers (Bids)

No.	Vol.	Price($)
2	462	$4.93

Sellers (Offers)

Price($)	Vol.	No.
$5.00	4864	4

View Market Depth

No.	Vol.	Price($)
1	1100	4.850
1	2079	4.800
2	2250	4.600
1	538	4.500
1	550	4.310

Price($)	Vol.	No.
4.960	1	1
4.970	2	1
5.120	1000	1
5.200	200	1
5.500	100	1

Last trade - 16.10pm 22/11/2024 (20 minute delay)

TBR (ASX) Chart

SPONSORED BY