WGO 0.00% 35.5¢ warrego energy limited

These T/O offers.. 20c, 23c, 25c, 28c.. is there a restriction...

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    These T/O offers.. 20c, 23c, 25c, 28c.. is there a restriction to the price a superior offer needs to be? For example, could someone offer 28.5c per share?
 
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Currently unlisted public company.

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