ORR
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0.00% 56.5¢ orecorp limited

Ann: Response to announcement regarding takeover bid by Perseus, page-18

  1. BerserkWarrior
    1,213 Posts.
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    23/01/24
    14:21
    Post #: 72022978
    My understanding is PRU cannot buy on market nor can SVM as they have indicated they're taking their bids/proposals off-market. PRU could have easily have stated they'd structure it as an on-market proposal and stand in the market at 55c but they'd have to accept whatever they get even if it's below 50.1%
    ORR Price at posting: 56.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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