Ann: Intention to Make Takeover Bid, page-5

Boy, what a rookie move from Geminder et al.

All they've done is put a 68c floor under the stock, thereby giving anyone buying at 68.5c an option on any recovery in the company's fortunes (which can't be years away in the opinion of Geminder if they are making a move on the company today).

0.5c cost of the option on the upside sounds very cheap to this little urchin.

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