Ann: MIN: Extension of Norwest Energy Off-Market Takeover Bid, page-21

The only difference with Gina's offer is that it went for 30 to 36 cents if I'm not mistaken, so there was incentive to go up and an absolute master stroke by STX to snooker them into paying them all that extra cash.

The only real incentive is CGT relief, which doesn't get me across the line.

We all know what he needs to do to get to 80%+ but he won't pull that trigger.

Does anyone know what the usual length of a T/O is, and what happens if it get to 12 months?
What happens if 80% isn't obtained by June 30? I imagine the CGT will become a reality for a lot of ppl and then selling MIN to pay for that tax bill