Extension of offer period until 27 June. Only minor acceptances to date based on ASX disclosures.
Bit surprised I haven’t been called, I’ve received phone calls when takeovers have been conducted in the past with smaller % holidings. It’s a good process to at least try and understand why people aren't accepting.
I don’t think the threat of low liquidity is gong to sway anyone, liquidity has been low for a decade, investors have been here a long while waiting for a business turnaround or a buyout at a reasonable price.
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