WCL westside corporation limited

yep, any rival bidder is going to need to make a move now - or...

  1. 8,763 Posts.
    lightbulb Created with Sketch. 3204
    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.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.