I think Danr hit the nail on the head.In Australia, when a...

I think Danr hit the nail on the head.

In Australia, when a Company makes a takeover offer for another Company and when and if it gets to 90% acceptance level, then they can proceed to compulsory acquisition of the outstanding 10%.

Woodside Petroleum is obviously not going to allow this to happen to Hardman, at least not without it having a big say in the final outcome.

And yes, outstanding options would be a serious issue in the event of a takeover offer. Well done Danr.

Gandalf