Thatsgold,I agree. As mentioned when Sunstar has all the...

Thatsgold,

I agree.
As mentioned when Sunstar has all the approvals in place they can make a legally binding unconditional offer.
The focus of there announcements is approvals update and as advised they are over the major hurdles.

Below is a link to the Rene Rivkin takeover Strategies.
http://stockmarketinvesting.com.au/Takeover-Strategies.html

Inpart.
2. Buying after the first takeover bid and then selling into a higher bid
One of The Rivkin Report?s most important rules is that ?it is very rare that the first price in a takeover bid is the last takeover price.? This rule is essential to takeover investment strategy. This means that if you are selective, you can buy into a company that is under takeover and eventually sell into the final bid, higher than the initial bid.
Something to consider here is the rule to buy at, or close to, the first takeover price. This is a simple rule, but there is a bit more to it than just that.
There are two aspects to consider.