Ann: Extension of Takeover Offer Period, page-3

Oh come on. Enjoy the drama of the situation. Will another two weeks give AAR enough time to creep up to that 90% level where they can compulsorily acquire all the shares.
AAR obviously thinks it is worth a try with a provision that it could be extended further.
Now it may be in the category of watching paint dry but it does illustrate that this much feted T/O is not the push over and wonderful off that some would have us believe.
There is resistance out there in MXR shareholder land at the crunch level.
Well they have to get a further 14% in two weeks to then declare compulsory acquisition. If they can creep at 1 or 2 % each working day they could wrap it up. Is AAR capable of that ?
Come on. Enjoy the fun and games.