EXT 0.00% 0.9¢ excite technology services ltd

withdrawal of possible offer for kah, page-16

  1. 180 Posts.
    lets be frank, i think all of the smart money new this offer was doomed from the start(due to the ASIC hoops required to jump thru associated with downstream offer) and especially once the offer was reduced to 270p and a very unlikely successful appeal being lodged, hence why we didn't see the price go back to beyond $9 once the reduced offer was put on the table.

    Opportunistic buyers have swept in this morning and cleaned up all of the speculative holders.
 
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