27 February 2008 #1 L lolaba Joined 19 February 2008 Posts 7 Reactions 0 Could someone please explain the significance of a trader buying 19.9% shares in a company? Saw this in Polaris thread this morning.
Could someone please explain the significance of a trader buying 19.9% shares in a company? Saw this in Polaris thread this morning.
27 February 2008 #2 Sean K Moderator Joined 21 April 2006 Posts 23,456 Reactions 13,999 lolaba said: Could someone please explain the significance of a trader buying 19.9% shares in a company? Saw this in Polaris thread this morning. Click to expand... Any more than this and you have to launch a takeover I believe.
lolaba said: Could someone please explain the significance of a trader buying 19.9% shares in a company? Saw this in Polaris thread this morning. Click to expand... Any more than this and you have to launch a takeover I believe.
27 February 2008 #3 R ROE Joined 5 January 2007 Posts 2,966 Reactions 20 lolaba said: Could someone please explain the significance of a trader buying 19.9% shares in a company? Saw this in Polaris thread this morning. Click to expand... 20% or more you have to state your intension on the company..ie make a formal bid or get under 20%
lolaba said: Could someone please explain the significance of a trader buying 19.9% shares in a company? Saw this in Polaris thread this morning. Click to expand... 20% or more you have to state your intension on the company..ie make a formal bid or get under 20%