lolaba
27th-February-2008, 09:02 AM
Could someone please explain the significance of a trader buying 19.9% shares in a company? Saw this in Polaris thread this morning.
View Full Version : 19.9% - what is this magic figure?
kennas
27th-February-2008, 09:12 AM
Could someone please explain the significance of a trader buying 19.9% shares in a company? Saw this in Polaris thread this morning.Any more than this and you have to launch a takeover I believe.
ROE
27th-February-2008, 10:01 AM
Could someone please explain the significance of a trader buying 19.9% shares in a company? Saw this in Polaris thread this morning.
20% or more you have to state your intension on the company..ie
make a formal bid or get under 20%
20% or more you have to state your intension on the company..ie
make a formal bid or get under 20%
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