SPR 2.76% $1.12 spartan resources limited

Ann: Firefly Scheme and Westgold Offer Update, page-3

  1. 160 Posts.
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    "Further, as announced previously, the Takeovers Panel declined to
    conduct proceedings on Westgold’s initial application and Westgold’s review application respectively,
    stating that there was no reasonable prospect that the Takeovers Panel would make a declaration of
    unacceptable circumstances."

    Only because the gcy directors waited until the last minute to recognise that the westgold offer was superior!
 
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