I expect that the supplementary bidders statement from T2 we will see tomorrow should clear up a lot of the uncertainties from this announcement . I don't think T2 would like to see this get to a cap raise, its just a matter of how they can get to maybe compulsory acquisition or a recommendation from realm independents to accept whatever offer they consider correct to prevent it . the amount is inching up so its a matter of what the independents are able to negotiate maybe, given the valuation of the company already in place, this may be a big indicator of what we can expect.
good to see GG and Co. being bent over by the panel !
RRP Price at posting:
8.5¢ Sentiment: Hold Disclosure: Held