This is what the rules say. Looks like it shouldn't make a difference if it on market or off-market.
20.3.1
Acquisition of Cash Market Products by Bidder
A Market Participant acting on behalf of a Bidder must not offer to buy on behalf of the Bidder Cash Market Products in the Bid Class On-market during the Bid Period for a price that varies from the consideration offered under the Takeover Bid unless and until an announcement has been made to ASX in accordance with the Procedures. This restriction applies to both Market Bids and Off-Market Bids.
SXP
sapex limited
This is what the rules say. Looks like it shouldn't make a...
Add to My Watchlist
What is My Watchlist?