Takeover by stealth. I have little doubt that this will be happening before they launch a formal offer. Depends when they want to do it, I imagine once profitable they'll pounce, which to my calculations will be sometime next year. Remember they bought at much higher prices so they are very happy to soak up by creep provisions every so often. It makes perfect sense and fit for REA to buy them out, after all they even have ex employees on board. Worst case scenario is they get 51% of IPP and leave it at that.
- Forums
- ASX - By Stock
- IPP
- Ann: Change in substantial holding from REA
Ann: Change in substantial holding from REA, page-7
-
- There are more pages in this discussion • 19 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add IPP (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
AHK
ARK MINES LIMITED
Ben Emery, Executive Director
Ben Emery
Executive Director
SPONSORED BY The Market Online