This is clearly a ploy by MVT to entice shareholders to reject the 5c capital return and snap up the 11c offer.
I for one have voted for the 5c capital return. If MVT have any confidence in BAU I would expect an offer above 11c. This is just a bit of sparring at the moment and the real fight will gather momentum if MVT is still interested should the capital return be approved by shareholders.
Ann: BAU:MVT Increases Proportional Off-Market T/over Bid for BAU, page-3
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