ALZ australand property group
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Ann: FCL Takeover Offer Update, page-3

  1. aramalap2
    4,263 Posts.
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    31/07/14
    22:23
    Post #: 13750736
    According to ALZ if bidders don't get 50% by 7/8 the deal collapses
    they need 50% in order to extend unless someone else bids
    Frasers already declared their bid final.
    At this stage looks like it might fall over meaning all those who have accepted will miss out
    on getting the $4.48 and the sp 'may' fall
    ALZ Price at posting: $4.49 Sentiment: None Disclosure: Not Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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