Member Info for gofrit

If the bidder acquires more than 75% of the shares it can then delist the target. and if it reaches 90% it can forcibly acquire the remaining 10% though it must pay the same price to all shareholders.

Why ??

A few years ago I held shares in a company which was being fought over. I received a mountain of paper from both sides raising their offers to entice me to send off my shares. I did nothing but waited until the dust settled and one side was victorious. I then was then invited to send off my certtificates.and received the final price which was offered which by law they must offer to pay to all shareholders .Only if someone was incredibly stupid or stubborn could they be left holding worthless shares. Remember holding on means no dealing charges too. I also agree that Alkane had a long way to go.,however I also hold Balfour Beatty, is that any consolation??