On my reading of Part 6-7 of the Corps act they can't withdraw the bid during the offer period based on this unless they sought and received approval from asic and subject to their approval. It doesn't meet anything contained in section 652c
also the offer period doesn't commence until April 5. Despite the bid being live now so technically prior to April 5 they still have time to pull they bid if they wished. Is my understanding.
- Forums
- ASX - By Stock
- Ann: Operations and Guidance Update
On my reading of Part 6-7 of the Corps act they can't withdraw...
-
-
- There are more pages in this discussion • 67 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MCR (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, MD & CEO
Anthony Noble
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online