‘The Company advises that it has received a proposal from TAG for an unconditional off-market takeover bid for all IHR’s shares offering 23.5 cents per share. The bid will be unconditional, subject only to IHR entering into an implementation deed with TAG.The Company’s Independent Board Committee advises shareholders to TAKE NO ACTION PENDING A FURTHER ANNOUNCEMENT ABOUT THIS OFFER.’
this is what I read.
IHR Price at posting:
23.0¢ Sentiment: Hold Disclosure: Held
