LGL 0.86% $1.74 lynch group holdings limited

no you cant take the offer - NCM need something like 80% or 90%...

  1. 4,334 Posts.
    no you cant take the offer - NCM need something like 80% or 90% of LGL shares for them to issue their shares to LGL shareholders. and i don't LGL shareholders will go for it. not to that extent anyways.

    I think you are talking about a compulsory takeover of the remaining shares in which case you need to have acquired 90% of the shares on issue to have a right to purchase the remaining 10% like it or not.
    You have the right to sell or trade your shares how you see fit either on market or off its up to you.
    So the way I see it I could take this offer if I chose.

 
watchlist Created with Sketch. Add LGL (ASX) to my watchlist
(20min delay)
Last
$1.74
Change
-0.015(0.86%)
Mkt cap ! $172.7M
Open High Low Value Volume
$1.77 $1.77 $1.74 $12 7

Buyers (Bids)

No. Vol. Price($)
1 1000 $1.72
 

Sellers (Offers)

Price($) Vol. No.
$1.75 336 1
Last trade - 16.10pm 15/11/2024 (20 minute delay) ?
LGL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.