AGO 0.00% 4.5¢ atlas iron limited

Ann: 4.2 cents per share takeover offer from Hancock, page-118

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  1. 128 Posts.
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    What is your understanding of Paragraph 4.15? Does that cap the price at 4.2c for her purchases going forward, or she has to up the offer?
    I understand that the offer will be made two weeks from today- so (and I don’t know corporate law at all) does that mean anything she acquires prior to the offer being acceptable, can be bought at market?
    Or is somebody accumulating (Twiggy) with the intent of making an offer?
    Let’s see what MIN’s revised offer looks like- there is a lot of info in the Redstone offer pertaining to alternative offers that may be subject to opponents share price and hence the volatility associated there with
 
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