When a company rejects a take0ver offer or a scheme of arrangement they always provide their reasoning - such as predator taking advantage of low SP cycle or poor economic conditions.
I haven't seen the Board express any reasoning on why they feel the POSCO offer is acceptable. Do they see uncertainties or troubles ahead or are there current production or other issues they're sitting on?
- Forums
- ASX - By Stock
- SXY
- Ann: Improved POSCO proposal and intention to recommend
Ann: Improved POSCO proposal and intention to recommend, page-92
-
- There are more pages in this discussion • 63 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)