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21:21
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Originally posted by DollarManWon
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No, I just read up on it all, so im now an absolute expert! The clauses in the SIA including no shop no talk include things like best efforts to work together to do their bit to make the deal happen. I can just imagine if they could just get a price, have it approved, then they'd immediately go to market with a do or die opportunity to the competition. It just wouldn't be acceptable. But a new dude can come in with a pot of gold unannounced and unhelped by them and plonk a mint on the table, and still then Phizser have an agreed matching right opportunity to meet same upped price. Unsure what the new blood is doing but pretty sure this is a done deal to Phyzser for the 20.8c and no more.
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Both fundies purchased around 45M shares at an average of 19.5-20c, maybe they are just looking at a $450K profit in 2 weeks with low risk like all fundies will do......
