SIP 1.55% $1.31 sigma pharmaceuticals limited

aspen to raise bid from 55c to 65c? smh articl, page-31

  1. asf
    9,887 Posts.
    "asf you really think it is all a over the word "unconditional"??"

    chaching, the Herald seems to think so in its article update:

    http://www.smh.com.au/business/sigma-takeover-speculation-heats-up-20100812-120ko.html

    "UPDATE: Sigma Pharmaceuticals has denied that it has received an unconditional 65 cents a share takeover bid from Aspen Pharmacare Holdings.

    Market rumours persist, however, that the company has received an informal offer from Aspen."

    I reckon SIP picked up on the word 'unconditional" and said no, it wasn't that. Could be a cent or two more or less, or it could be the difference between conditional (or highly conditional) and not.

    It's put the step back into SIP, at least. It was getting boring there for a while.
 
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