re: Ann: WSA: Clarification - Lounge Lizard N... Berlin,
WSA stated they retain their pre emptive rights.
The way these things work a 3rd party makes an unconditional offer, then WSA is notified and has a nominated time period (30,60 90 days or whatever)to match the bid.
They know the deposit and have a fairly good idea as to what it is worth to them. It does not require any input from them in the short term.
Of note, have seen this process many times before and no one should give pre emptives-it kills the secondary market.
Cheers, TAS
- Forums
- ASX - By Stock
- Ann: Clarification - Lounge Lizard Nickel Deposit
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)