EXT 0.00% 1.3¢ excite technology services ltd

what will happen after cob on 3rd may?

  1. 585 Posts.
    Just wondering what will happen come COB in London on 3rd May?

    There have been no announcements regarding confirmation or otherwise that any of the pre-conditions in CGNPC's offer have been met.

    If pre-conditions are not met, then presumably the offer lapses and/or CGNPC is not required to proceed?

    Can someone provide a synopsis of likely procedings from here?

    Given the SP has tanked again today (all be it on thin volume), it seems the market does not beleive the offer will proceed?
 
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