MYL 0.00% 70.0¢ mallee resources limited

Ann: Conditional Non-Binding Proposal to Acquire All MYL Shares, page-33

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  1. 6,995 Posts.
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    Fair enough. But I think (a) the uncertainty about the bid being formalised, (b) the indeterminate amount of time required for any acquisition to be completed (presumably a number of months), and (c) advantage of selling prior to EOFY, will all result in the SP being crushed well below the condition offer price of 3.5 (which now represents a hard ceiling, unless another offer is received/suggested/hinted at)
 
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