CTP 0.00% 5.4¢ central petroleum limited

Ann: Macquarie allowed non-exclusive Due Diligence, page-12

  1. 746 Posts.
    1. Rejected the offer.
    2. Lets them look at the books under confidentiality agreement.
    3.Gives them a chance to make a new revised offer, which will also be rejected.
    4. No break fee for Central
    5. Central can go and get financing elsewhere.
    6. Non exclusive, someone else can make an offer. Wakey, wakey Macquarie or the market.

    Basically gave Mac a look at everything so they can make a real offer, or get a real look at what's under the hood.
 
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