Ann: Supplementary Bidder's Statement, page-11

"please post link and or info showing asx rules not allowing a company to increase their T/O offer after the existing one expires.
looking forward to this link.
drifta"


With pleasure.

You are clearly not very well versed in takeover legislation and, presumably, have not heard of ASIC's Reg.25: Takeovers:Making False and Misleading Statements.

For your edification, Reg 25.9 refers, specifically:



But in case, you want a more thorough understanding here is a link to a full copy of the relevant regulation:

https://download.asic.gov.au/media/1237813/rg25.pdf


Not just that, but the legal firm Allens published a useful handbook that covers, in nocely summarised layman terms, the most common issues relating to takeovers in Australia:

https://www.allens.com.au/pubs/pdf/ma/takeovers-handbook.pdf


And again, for your convenience, here is the relevant paragraph from the Allens' handbook that relates to the discussion of Truth in Takeovers.





So, do you still reckon Allensfored will increase its bid for TRS on 5 March?

...