What's all this talk about a 'cut-off' to be eligible for the takeover.. It's a takeover, there is no cut off.. Whoever owns the shares will be targeted by Hanglong as they want 100% of the company's shares.. If you buy them a couple weeks out you cam still sell them to Hanlong for 57c by accepting their offer.. Worst case you buy the shares and Hanlong have over 90% holding at that stage and they compulsorily aquire your shares (again they must pay the takeover amount).
If there were a cut off date for takeovers why would anyone buy shares after that date?
the auctioneer declares it's on the market, page-14
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