Ann: Company Update - Board Guidance and Capital Return, page-26

  1. 8,755 Posts.
    lightbulb Created with Sketch. 3175
    IMHO
    no revised offer from Aurora trust because Aurora group and KBC group simply have no cash.
    KBC cannot buy that parcel of ASIC shares because they would need what maybe $2m+, which they don't have - AND - then they would need to launch a full takeover of YOW, and they definately do not have that amount of cash.

    Forget the rubbish bid on the table. Who in their right mind would want to accept ANY sort of paper consideration from the KBC extended group????
    Have a look at the track record of them.

    So I just speculate that this almost frenzy of buying, is from another new 3rd party.
    And about time!
 
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