Basically as the sale is yet to be completed and could fall over. See p4 of the ANN of 22/12/21.
And the dates for milestones on p5.
As each step is completed the price will slowly close in on $5.50, if the TO fails it will fall below $4.79 which was the last price pre-offer.
GLTAH.
Ann: Link Group enters into Scheme Implementation Deed, page-78
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