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6.1¢ cirrus networks holdings limited

For a scheme you need, 75% of shares voted and 50% of voting...

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peterdoobes

2,468 Posts.

55

14/09/23

15:58

Post #: 69860555
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Originally posted by Gerardibus: ↑

ATA need at least 90% of the CNW shares for a takeover following the bid.
Carlos from Micro Equities Management now have over 11%. They must be the buys at 5.5 and/or 5.6 cents. And of course could be another player wanting >10%.
Will this lead to a better deal for everyone?
The information delivered soon after the ending of the trading halt hopefully will be positive for shareholders.
I can't wait. I have no nails left!! I await with bated breath.....fingers crossed and legs ( don't fall over) etc.

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For a scheme you need, 75% of shares voted and 50% of voting shareholders. 90% does not apply

CNW Price at posting: 5.6¢ Sentiment: None Disclosure: Held
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0 Great analysis

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