SBL signature metals limited

so why did we sell to liongold again?, page-9

  1. 866 Posts.
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    HiHo Silver,
    Yes if you hang on for a few months, LG may get to 85% or 90% & announce that they then must advise of a compulsory acquisition. Look in your original bidders statement. My interpretation is that for the compulsory grab,they must stick to their "Offer Consideration" which is 1:34, but if anyone interprets that differently, please let us know.

    There is a grey area in this somewhere about the bid having an expiry time of 13 months from 19 Dec 11, but I'm not sure how to interpret that...

    Cheers, Japes
 
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