JMB 0.00% 6.0¢ jumbuck entertainment limited

Hi Guys,I thought that once you got to 19.9% you had to make a...

  1. JID
    3,568 Posts.
    lightbulb Created with Sketch. 663
    Hi Guys,

    I thought that once you got to 19.9% you had to make a takeover offer if you were buying a greater share of the Company.

    The one exception that I am aware of is that in each calendar year the shareholder can add a very small percentage (I think 2 or 3% to their holding).

    If this is the case, don't expect Sieana to buy any more unless it is a full takeover...

    Cheers
    John
 
watchlist Created with Sketch. Add JMB (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.