Agree.
The offer won't close before 1 June regardless of what happens from here.
If they go unconditional this week, they can extend any time up until 1 June -- and they probably will assuming they want 90%. But they haven't said they WILL extend -- just that they won't if they don't get over 50% this week.
There is one more scenario -- if they don't get over 50% this week and don't extend, and then go over 50% next week, the bid automatically gets extended by 2 weeks. But it looks more like they will go over 50% this week...
- Forums
- ASX - By Stock
- AAH
- what happens now?
AAH
arana therapeutics limited
what happens now?, page-2
-
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add AAH (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online