https://www.minterellison.com/articles/how-a-takeover-bid-works-on-market
it says the The bidder may increase its offer price at any time before the last five trading days of the offer period
(which can be extended)
but again not sure how this applies to prior to the offer period commencement. Unless 'any time' is taken to include the 14 days prior to offer commencement
Ann: Operations and Guidance Update, page-37
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