If FMG are intent on remaining on the AGO register then my earlier thoughts are incorrect and I find the whole thing a bit bizarre! The miniscule increase surely will not tempt any retail holder that was not happy with original offer and it certainly just looks like a bid to try and get as many as possible (will get a few and no doubt some who recently bought on market to try for a quick profit) As has been pointed out if the 87% not reached won't cost her anything.
Obviously 1 holder with 11.3% can block the target number of 90% so for remaining retail holders no point accepting revised offer - just follow whatever FMG do............
Still find it hard to believe that the revised offer has not been specifically tailored for FMG....hmm.....
Not intended as advice.
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