I think a scheme offer price can be changed/increased with Court approval with supplementary documents being issued regardless on prior best and final price declarations. BHP have plenty of scope with their balance sheet position to increase the price if they do want OZL and they find they need to increase the offer to secure it, they have virtually no debt. The reason/catalyst they could increase their offer price is probably dependent on the independent expert report recommendation. OZL Board support for the proposal is subject to an independent expert concluding that the Scheme is in the best interests of OZL shareholders. This is becoming increasingly doubtful.
OZL Price at posting:
$27.93 Sentiment: Buy Disclosure: Held