re: Ann: Sixth Supplementary Bidder's Sta...
For those that have not read the SIXTH Bidder statement I recommned that you do so.
My understanding is that LG are offering automatic disposal and free brokerage of any LG shares when they are finally issued to the accepting Share Holders.
So no need to have accounts etc in the SGX nor trying to dispose via an OZ broker.
It would seem that they are attempting to sweeten the deal which could be construed as a somewhat revised offer.
What the impact on the LG shareprice will be when a few million shares are dumped onto the SGX is anyones guess.
SBL Price at posting:
1.8¢ Sentiment: None Disclosure: Held