Has everyone read it ? ...Cash Reserves of .05 and 1.1m debt; and the offer/consideration from Gandel Metals to privatise "unlikely" to change in favour of shareholders. Seems an apt word that - in both senses: "consideration"
""Octagonal is currently liaising with ASX and ASIC concerning the regulatory requirements of the proposal and will update shareholders of any changes to the proposal or indicative timetable as soon as practical. The Company wishes to advise shareholders that advice received so far is unlikely to result in any change to the consideration being offered by Gandel Shareholders.""
ORS Price at posting:
1.5¢ Sentiment: None Disclosure: Held
