Develop Managing Director Bill Beament said: “The feedback from institutional and retail investors in respect to the Essential deal and capital raising was extremely positive.
LoL of course .....they are looking to get ESS for a handful of peak valued script
“The proposal offers Essential shareholders a robust premium. Robust ....What a load of rubbish. A theoretical cpl of cents over last bid which was scuppered by MIN.
I'd say robust premium would be a 65 cents cash or 70 cent scrip offer.
As before we are a vote no unless no other offer appears.
Ann: DVP: DVP & ESS Transformational Transaction, page-91
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