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Ann: Appendix 4E and Preliminary Financial Report, page-5

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Risa

684 Posts.

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03/03/21

07:30

Post #: 51470221
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Originally posted by Sojourner: ↑

This is normal, they can't give a running commentary of the negotiations.

The deal remains alive and while the half yearly report was nothing spectacular, it is going in the right direction and provides a good base for the new owner to inject some cash and push it to new heights.

Nothing is guaranteed, and I've just been been building a position at these prices on the expectation that this is very likely to go ahead, and if not, there at least is some residual value so it's not quite a binary investment.

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How long does a takeover normally take and is there a limit on time? This has been in negotiations for a long time.

ICQ Price at posting: 32.0¢ Sentiment: Hold Disclosure: Held
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0 Great analysis

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Ann: Appendix 4E and Preliminary Financial Report, page-5

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