if there is a takeover? whats a fair price?, page-22

Head,

Looking forward to Wednesday morning.

How will the SPP @ $0.16 which closes on Wednesday afternoon be treated?????????
In my uneducated opinion if you paid for the SPP prior the trading halt you are committed?????????The underwriters are also committed???????

What happens if you pay for the SPP after the trading halt??????? But contractually we have been offered shares and we can accept the shares provided we pay for then buy the closure date.???????

Interesting.

The Takeover offer has been received.
A. Prior to the Scoping study release.
B. Prior to the SPP closure

But I am very happy.