Well, both offers are not proceeding very fast, unless I've missed the notices
From Aus Gov Takeovers Panel
https://takeovers.gov.au/resources/key-concepts/summary-takeover-provisions
"Notification during a takeover
A person is deemed to have a substantial holding in the target during a takeover bid and the bidder must notify the ASX by 9.30am on the next trading day, whenever there is a movement of at least 1% in the bidder’s holding."
Ann: WGX: Update on Westgold's Offer for Musgrave, page-9
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