if the 20% is breached, consort are obliged to make a t/o offer yeah? that means consort would have to apply to be expempt from making that offer (to the ASX/ASIC?) Once this happens, the covers have to come off who consort is .......
now we wouldn't want that would we?
makes a mockery of all the rubbish about raising money at the 5-6 c level doesn't it Pete? better off keeping quiet.
anyway, it has to happen and the sooner it does the better.
I beleive we are about to be hit with some paper any day now.
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