WCL 0.00% 39.5¢ westside corporation limited

Ann: Notice declaring T/O bid Unconditional, page-8

  1. 8,589 Posts.
    lightbulb Created with Sketch. 2848
    yep, any rival bidder is going to need to make a move now - or they will lose the opportunity, and L/B will get control. If L/B get say 30%, then it will completely outweigh NHC with 17.6%.

    Unfortunately L/B cannot sweeten their offer, unless a competing bid appears. If no rival bid emerges, they would need to wait until their existing bid expired, then launch a new bid at a higher price. Am not sure if they would need to wait a certain period before they did that.
 
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