might get annoucement this week on IAG takeover, lets hope they turn it down but if they dont guess we can hope that they have to divest some parts... hopefully to tower
Interesting they are choosing now to tidy up the register. Will make a takeover a bit easier.
TOWER has just over 20,000 shareholders with less than a minimum holding in TOWER. They represent 41.09% of the company’s total share register and own 2.5 million shares, approximately 1.43% of TOWER’s current issued share capital.
Interesting they are choosing now to tidy up the register. Will make a takeover a bit easier.
Interesting they choose the 5 day average before the results were released to set the price - shurely it should be set based on full information in the market.
Save them money the more of them that take up the offer, div increase was good and they got heaps of cash to do something with next yr
I imagine most of them will take the offer, as well. Mostly because Tower will automatically cancel and pay out the shares if no response is given, and people are lazy.
I imagine most of them will take the offer, as well. Mostly because Tower will automatically cancel and pay out the shares if no response is given, and people are lazy.
hope so more money in towers pocket, i imagine register will be dominated by institutions after this
Reply With Quote
Originally Posted by Jaa
Bookmarks