so that will give Hancock about 78% of WGO.
I think all the big s/h have accepted into H bid?
Those left will be:
- the hedge funds which surely must hold a significant portion of register
- smaller retail holders.
One can bet H will get to 80% - maybe 85%.
But if the bulk of retail shareholders hold the same view as people here on HC, I cannot see H getting to the magical figure of 90%.
Getting to the Compulsory Acquisition level would be paramount for H. All sorts of benefits to H in owning 100% of WGO, rather than 85%.
