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Ann: Variation of Takeover Bid, page-8

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J.S.Mill

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15/01/19

11:13

Post #: 37116953
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Originally posted by madamswer: ↑

"I find it interesting that they are not extending past the results release date that was announced today! They are just hoping to shake the tree and pick some up without any actual detailed information, bring on tomorrow once the fundies have had a chance to digest todays update and make any changes to their valuations (if any)."

Yes, extending to 6 Feb doesn't make too much sense to me... its a pretty arbitrary date under the circumstances. Maybe its a head fake that tries to send a message of "we aren't going to increase our bid", in the hope that some shareholders capitulate.

But I don't think anything has changed which will bring that about.

So, it looks like we will still be the same stalemate situation that we were before the close of trade today, for several more weeks.
.

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Business Insider reported on Feb 6th last year figures for Xmas 2017. There may be a connection there with the takeover merchants choosing that same date for this year?
https://www.*.com.au/australia-retail-sales-december-2017-2018-2

TRS Price at posting: $2.75 Sentiment: Buy Disclosure: Held
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0 Great analysis

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Ann: Variation of Takeover Bid, page-8

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