MAH 0.00% 35.5¢ macmahon holdings limited

Ann: CIM: OFFER FOR MAH NOT TO BE EXTENDED OFFER PRICE FINAL, page-15

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  1. 7,165 Posts.
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    The reason I am not quite comfortable for the AMNT proposal is: not only this is none-binding, but also the 20.3 cents is not a cash injection, but a bundle of mining equipment asset, which is hard to put a acurate value on it.
    I expect the both deals will fail, and hopefully new bidders come out of water to make a clear cash bid over 20 cents
 
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