Note the following comment in the Risco Supplementary Bidders Statement Media release 0f 9-Aug-18
"No further price increase
In the absence of a competing proposal from another party in respect of Tap which is publicly
announced, Risco will not increase the bid price above A$0.091 per Tap Share during the remainder
of the offer period of the Varied Offer."
As there has now been a publicly released competing proposal by NGP, it appears as though the Risco bid price can be increased above 9.1c during the remainder of the offer period of the Varied Offer.
- Forums
- ASX - By Stock
- Ann: Proposal received from Northern Gulf Petroleum
Note the following comment in the Risco Supplementary Bidders...
-
- There are more pages in this discussion • 19 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)