LST 0.00% $1.93 lion selection limited

takeover doubt

  1. 497 Posts.
    Indophils document of Mar 19 under "offer conditions",item 3 -"no acquistions or disposals of any assets or ENTRY INTO ANY AGREEMENT with an aggregate value in excess of $10m" -This is part of the conditional conditions of the offer.The ASX release of Apr 4 wherein Lion commits to US$18m would appear to relate to this condition.Is the Indophil offer therefore dead ??
 
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Currently unlisted public company.

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