ORR 0.00% 56.5¢ orecorp limited

Ann: Response to announcement regarding takeover bid by Perseus, page-14

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  1. 524 Posts.
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    I have a feeling the will declare not superior until forced to declare by a major shareholder. It’s obviously a superior offer right now. Possibly trying to force PRU higher. If a higher PRU bid comes through ORR will be forced to declare superior offer and the games begin. I don’t think it will take much more from PRU. PRU are wanting to entice shareholders away from the SVM bid right now.
 
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