QAN 1.17% $6.92 qantas airways limited

qan bid fails , page-24

  1. 830 Posts.
    techcoat, the acceptance is conditional upon APA getting a 70% level of shares. IF APA got 50% (which they did not!) there would have been a 2 weeks extension of time for acceptance.

    The offer had now lapsed meaning the 46% of shareholders still own their shares.

    Monday will see a 'bloodbath' - question is how far will the sp drops?
 
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$6.92
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$6.88 $6.97 $6.88 $50.32M 7.268M

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3 253446 $6.91
 

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$6.94 71835 9
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