Independent Reports rarely favour the target. Yesterday's AFR made comment about the proposed STO/OSH merge.
"...despite an independent expert advising that shareholders would be better off accepting it even though it short-changes them in value."
Senex have the smarts to go it alone. They have built a very enviable, respected business
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- Ann: Improved POSCO proposal and intention to recommend
Ann: Improved POSCO proposal and intention to recommend, page-119
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