Ann: Hancock Energy - Seventh Supplementary Bidder's Statement, page-22

yeh, thx guys - I thought I was going nuts.
I read that announcement re 3 largest s/h accepting cash, and I thought H had got to 32.6%, and that Regal had sold into H bid.
It certainly is misleading IMHO.
Are they getting desperate?

All they had to say, was that of the 3 largest s/h who sold for cash (instead of STX shares), that xxx went to H, and xxx went elsewhere (on-market as stated in small print). I think Regal sold on-mkt on 4 Jan and it went thru on Chi-X?

They really need to take care, because any party can go to T/O Panel. If they lose, sometimes T/O Panel can direct the loser to return shares, or vest them in ASIC for later sale.