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$1.15 diverger limited

No. They are referring to HUB (as the dissenting shareholder)...

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Tattiebinger

626 Posts.

54

15/11/23

09:20

Post #: 70906409
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Originally posted by nash86: ↑

This makes no sense at all. The key dissenting major shareholder that didn't support COG's bid has filed a "ceasing to be a substantial shareholder" notice, therefore COG no longer have to worry about them not voting in favour of the bid.

All COG have to do now in terms of firming up their offer is to simply lob a non-conditional binding offer. Surely can't be too hard?!

Meanwhile, I'm highly vexed at our management who are failing to act in our interests in terms of seeking a better offer. One would've thought even HUB would've by now at least bid what they originally purchased their shares for, which was around the $1.20 mark.

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No. They are referring to HUB (as the dissenting shareholder) who don't want to appear to engage with COG. HUB have increase their stake

Last edited by Tattiebinger: 15/11/23

DVR Price at posting: $1.21 Sentiment: None Disclosure: Not Held
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