Yes - if it is them then comms at some point need to come out. My eyes kinda glazed over 25 odd pages into the bidders doc and the subsequent responsibilities of each party.
@WhatsTheTip that's good share of info and I think a fair assumption to make that what applies in both nz and aust would be very similar.
We are at a very interesting juncture right now. In previous efforts where my holdings have been subject to a buy out or take over I have handled it differently each time.
The MLD effort means I am more likely to allow a month or so for things to play out, I sold out too early there.
The SLR take over with script offer for explaurum (apologies on spelling) was good and pretty painless. Until I found how pointless slr share ownership was. I gave up on that. Bygones. Anyway, I think there's a substantial group collective here that feels that the current offer is either a gift or theft in my opinion. I hope the current sp movement is a catalyst for substantial offers.
will give it time.
Ann: Essential and TLEA to enter into Scheme of Arrangement, page-41
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