Over the last 8 months or so a new trend has emerged, the vast majority of ASX listed resource prospectors are getting hammered with some trading at below 0.01, often raising money to cover listed company compliance costs by issuing shares at 0.002 or less...i would approximate that at least 100...
If I buy shares in a company listed on the NYSE which is 65% owned by another company and eventually the other company decides to buy 100% of the listed company, what happens to my shares/investment?
I own BHP and think they will take over RIO. Can anyone give me a reason why I shouldn't sell my BHP shares then use the money to buy RIO ? At the moment the Ratio is about 2.6 but if BHP take over I'll get 3.4. That being the case I'll have more BHP shares than I do now.
Next Merger or Takeover (your guesses)?
Hi we all know about the TOL & PRK takeover, RCD & Allco merger, Mayne Demerger etc etc
What are your guesses for future mergers & takeovers?
Im thinking ADB & BEN merger? Possible?