What are the thoughts around the extension? If they have found something don't they have to release it to the market straight away? Therefore, is this just management hoping they find something. With the CR being fully underwritten....why would they need to wait. Is Pattersons not keen on taking up soo much.
The wording...more time to consider and take advantage of has me intrigued. 8.33% up today is promising.
We could see this move tomorrow on FOMO.
Ann: Non-Renounceable Entitlement Offer Closing Date Extended, page-10
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