"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."
and Strike now confirms what we all felt upon reading the Seventh Supp statement:
Depending upon how close the levels of shareholdings become, we may well find that a very small parcel of shares could mean the difference between one party getting 50%, or just under 50% -- and therefore control.
So if that looks to be on the horizon, we might see action in the Takeovers Panel arena.
Surely that's just basic stuff in a Takeover situation - someone just being too smart for own good IMHO.
WGO Price at posting:
38.3¢ Sentiment: None Disclosure: Held
