AIO 0.00% $9.13 asciano limited

charlie aitkin report, page-14

  1. 876 Posts.
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    jbahs
    I hope one is.
    Read brainybulls response from AIO

    The fact they are evaluating bids is not price sensitive - everyone knows that and are making investment decisions based on appetite for risk

    Until a material event occurs then the Board won't call a trading halt.

    That event could an unacceptable offer, a partial sale or an acceptable full sale but at the moment the Board hasn't been briefed.

    As I said I would be surprised if a final decision is made without further negotiation with bidders. This should see an announcement of such and TH when very close to an announcement which I believe follows ASX protocol.

    Not long now
 
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