AST ausnet services limited
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Ann: AusNet - indicative, non-binding and conditional proposal, page-6

  1. gools
    203 Posts.
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    20/09/21
    11:19
    Post #: 56200760
    They're not required to announce non-binding proposals. The board is well within their rights to negotiate, get the best proposal sorted out and then when they receive an actual offer announce it to the market. I would have been happier with them not accepting the offer as exclusive and opening the books to others.
    AST Price at posting: $2.35 Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch. 1  Great analysis
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