EMR 1.98% $3.96 emerald resources nl

Ann: Bullseye Mining Limited 05 - Panel Receives Application, page-9

  1. 295 Posts.
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    "Let’s wait and see the wash up of this round of the fight. It is easily conceivable that EMR will extend its offer ending 29 April currently, to allow this application to be finalised."

    historically, the panel has taken a while to make an outcome. It is quite possible that the EMR offer will close before the panel makes a determination or even announce if they are going to conduct proceedings. Even if EMR does extend the offer, they are under no obligation to extend the timeline to withdraw from the offer, and I can't see them doing that unless instructed to do so.
 
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