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https://www.minterellison.com/articles/how-a-takeover-bid-works-o...

  1. GLC_860630
    668 Posts.
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    30/03/23
    14:04
    Post #: 67044759
    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

    MCR Price at posting: $1.43 Sentiment: None Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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