It looks like TAG are out.Otherwise, they would have upped their bid rather than Cease being a Substantial.Looks like Harvest Lane paid too much for their last purchases. 22c is the price.Perfectly normal, perfectly legal, perfectly ethical.
TAG didn’t sell.They never bought.TAG obtained their Relevant Interest of 18.03% by way of letters from 4 Shareholders.Paragraph 3 states “in the absence of a superior proposal”. There is now a superior proposal from HF, so these shareholders will now not support the TAG Proposal.