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PALMER TUBE MILLS LIMITED (PTM)

Delisted from ASX 26/10/1994

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delisted at entity's request following the takeover by Australian National Industries Limited26/10/1994
we understand Australian National Industries Limited offered Palmer Tube shareholders a choice of either:- a shares only alternative of 72 ANI shares for every 100 Palmer shares held; Or a shares and cash alternative of 64 ANI shares and $14.40 (cash) for every 100 Palmer shares held26/10/1994
insufficient spread of holders31/08/1989

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