TSN 0.00% 1.0¢ the sustainable nutrition group ltd

re: Ann: Proposal for Acquisition of Minority... I just got on...

  1. 149 Posts.
    re: Ann: Proposal for Acquisition of Minority... I just got on board this morning. No idea what a fair value would be, but I do agree that it is pretty unlikely we get a new bidder given the current bidders own 57%. That means the best chance of an increased bid is from the board negotiating a higher price. I think there's a good chance of that.

    we'll get something like a 10% increase in the offer and then the board will be able to say 'look how great we are at extracting this higher offer, we have to take it now.'. And fair enough to.
 
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