BSR 0.00% 1.3¢ bassari resources limited

Niftiest The company will have to ensure that the constitution...

  1. Wil
    1,136 Posts.
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    Niftiest

    The company will have to ensure that the constitution always has a provision preventing a partial takeover unless 90% of the shareholders agree.
    Such provisions only last 3 years and have always to be renewed.
    A public discussion about share buy back may be beneficial for all holders, it may reduce the urge to sell on a share spike.
    A dividend would also prevent the share price sagging as much as it may otherwise do, and thus be a safeguard against a low price takeover.
 
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Currently unlisted public company.

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