Looks like they still need around another 9 million shares to get to 90% so they might not get to compulsory acquire the remaining shares. If they do it will be at the same price as the offer but payment will take longer and stated at 6 weeks in the latest bidders statement.
I am keeping my shares so they will need to get to 90% by the 14th July (unless the offer is extended) to get them. My gut feel is that they will fall about 4% short.
They are doing their best to get everyone to sell with their it’s unknown what the future holds…could be this or could be that. If you get screwed now or later you still get screwed either way. If you accept the offer it is definite. I’m going with the unknown….they say they have the majority and the power to do this and that, the only power I have at this stage is to hold. So let’s see what happens.
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Looks like they still need around another 9 million shares to...
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