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15.0¢ phoenix gold limited

Ann: Change in substantial holding from EVN, page-25

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insaf

10,498 Posts.

1053

31/10/15

12:53

Post #: 16299674
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Originally posted by ccmfc ↑

Yes I have Radioshack.

When EVN declared the offer unconditional they gave a time frame (14 days I think from memory) and I got them within that time having already accepted earlier on.

Insaf, I agree that if it is closed and then a new offer made that would I think exclude me. But if offer is revised while still open it is good news for acceptors.

It was somewhere in the bidders statement but I looked up the Corporations Act to be sure. Link I posted above gives the section of the act that addresses this issue.

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Thx for the clarification mate. Makes sense and i would assume evn will pause before offering to prevent overpayment.

PXG Price at posting: 14.5¢ Sentiment: None Disclosure: Not Held
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