SXL 0.62% 81.0¢ southern cross media group limited

Ann: A1N:Update on Non-Binding Indicative Proposal to Acquire SCA, page-2

  1. 204 Posts.
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    Jesus, they can't throw in the towel yet? Clearly just making noise, shaking the tree and hoping Rob Murray falls out.

    Offering more A1N shares is pointless. The value of the company doesn't change, they'd just be dilluting their current register by a few 10m more. Clearly they don't care about their current shareholders if they're willing to reduce the value of their existing shares, why would SXL shareholders want to be part of that mob?
 
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