I wonder who paid over the offer price this morning? I'm not sure it would be legal for Adamantem to buy shares above the offer price now?
Maybe the race still something left to run?
IPH appear to have thrown in the towel.
'IPH is disappointed that it did not have an opportunity to engage with QANTM to pursue a combination of QANTM and IPH. IPH believes the combination has the potential to create material value for both QANTM and IPH shareholders by bringing together complementary member firms’ service offerings, greater diversification of clients, opportunities to accelerate growth in Asia Pacific through an enhanced combined platform and the unlocking of meaningful synergies. IPH remains committed to pursuing strategic and financially accretive M&A which has long been a core pillar of IPH’s growth strategy and will continue regularly assessing a range of potential transactions.'
QIP Price at posting:
$1.82 Sentiment: Hold Disclosure: Held
