I think any competing bids would have to include the ongoing employment incentives the Stringers have with this current bid.
They hold 10.3% of PBP, which would be a blocking stake to any compulsory acquisition by another suitor, who would have to agree to similar incentives.
Interesting months coming up.
Riv
- Forums
- ASX - By Stock
- PBP
- Ann: Scheme Implementation Deed Executed
Ann: Scheme Implementation Deed Executed, page-20
-
- There are more pages in this discussion • 1 more message 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 PBP (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
SPONSORED BY The Market Online