SIDE DEALS Agreed with all, but most importantly Kin has stated that the bid is final so it is not allowed to increase it in any way, whether by cash or other consideration. Kin would have to wait until the bid expires and then wait at least afurther 4 months (although ASIC's opinion is that the gap must be at least 6 months) before rebidding. Creep use would also have to wait at least 6 months after bid expires.
This also means that Kin can’t "promise" NOW by a nod and wink to give a higher benefit directly or indirectly to a PGH holder after the 6 month gap expires. There must be a gap of 6 months where the air is clear and there are no contingent promises or understandings hovering in the background. Kin may be smart and tricky but the law, ASIC and TO Panel rules and practice on this are very clear.
Not advice DYOR
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Last
75.0¢ |
Change
0.010(1.35%) |
Mkt cap ! $258.2M |
Open | High | Low | Value | Volume |
73.5¢ | 76.0¢ | 73.5¢ | $14.88K | 19.73K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2039 | 75.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
77.0¢ | 740 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2039 | 0.750 |
1 | 27650 | 0.740 |
1 | 1417 | 0.735 |
1 | 15000 | 0.730 |
2 | 9200 | 0.700 |
Price($) | Vol. | No. |
---|---|---|
0.770 | 740 | 1 |
0.780 | 1125 | 1 |
0.800 | 8625 | 1 |
0.840 | 28068 | 3 |
0.845 | 7147 | 6 |
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