I think that may be true if they had made a formal binding offer. Not so much for an indicative non-binding offer.
MIN may well have just picked up the phone to an ESS director and said, “If we were to offer you $1.50/share, what do you think you might do?”.
MIN would obviously prefer for the discussion to remain confidential. ESS however would want to make a big deal out of it all in the hope of sparking a bidding war.
- Forums
- ASX - By Stock
- ESS
- Ann: Trading Halt
Ann: Trading Halt, page-152
-
- There are more pages in this discussion • 244 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ESS (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online