Ann: Court approves Scheme Meeting and Scheme Booklet, page-4

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reecevan

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14/12/22

12:45

Post #: 65308010
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Originally posted by madamswer: ↑

"Dont think we will be getting a higher offer anytime soon.
You can now make about 2% in 2 months."

The bizarre thing is that, on the open this morning, someone crossed the spread to take out all the stock on offer at 29.5c.

The only time anyone would do that is if they held a view that an interloper was going to appear and over-bid.

And I'm not sure what would give anyone reason to think that, given the exclusivity provisions (especially the "No Shop, No Talk" clauses) that form part of the Scheme Implementation Agreement.

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Hopefully im wrong and someone does make a counter offer. But i was very surprised when i saw that over a million shares where purchased at 29.5c. There is now another 5 million if someone wants to buy more.

MSL Price at posting: 29.5¢ Sentiment: Hold Disclosure: Held
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Ann: Court approves Scheme Meeting and Scheme Booklet, page-4

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