Australia's largest stock trading and investment forum Australia's #1 stock forum

EAR

Click for more information

0.00%

32.5¢ echo resources limited

Ann: Change in substantial holding from NST, page-13

First 13 Last

Share
Profile

Follow
Samba1978

847 Posts.

54

11/10/19

18:20

Post #: 40843419
Share

Originally posted by philh9: ↑

If you have followed lots of takeovers over the years you learn that the actual process is miles away from the working Directors, they have very well paid brokers and legal teams who handle the day job process. You will not find illegality IMO nor I have I seen that in a T/O, its all just too visible and structured. All the chat about director personalities in bidder or target camps is ok, but has little to do with how these things really work.

We will see as many extensions and the take up will incrementally increase, could be they have another look late Nov, it does not seem to me they are pushed on any specific timeline to do much, they can leave things to creep up on extensions, this may well go into Dec on extensions alone. The numbers do always tend tick up.

Cheers
Phil.

Expand

Except NST are in a rush, they don't have time to sit and wait unfortunately.

EAR Price at posting: 33.5¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

RBA holds rates as ALP election campaigning kicks off – expect more political focus

JDO

Timing will be everything for 'smashing' Hot Stock tip Judo Capital Holdings

HVN

Harvey Norman may appeal ASIC Federal Court case – the third lawsuit on its plate

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

There are more pages in this discussion • 13 more messages in this thread...

First 13 Last

Add EAR (ASX) to my watchlist