TPD 0.00% 21.0¢ talon energy ltd

Ann: STX: Talon acquisition update, page-81

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  1. 541 Posts.
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    IMHO, Strike has made such a mess of this proposed take over by offering such a low ratio of 0.4828, that they will now be reading clause 13 of the scheme implementation deed very carefully and getting $1.4M ready to pay the reverse break fee to Talon to allow Strike to walk away.
 
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