Ann: Senex advises of takeover discussions, page-61

Thanks, I was reading this section, as a possible means of not advising the market. However the bidder would need to request "confidentially".

It appears they are within their right not advise the market and its shareholder on 30 July. However What was their logic? SP at the time of the $4.00 bid was $3.19 (+25%), why wouldn't announce it to showcase how undervalued SXY is?

Those jumping on board today or adding today, are paying 10% more than the first bid of $4.00.

Another example of the ASX transparency at its best.