http://www.takeovers.gov.au/content...provisions_in_australia.htm#acquisition_limit
read this point ...... I aint gonna cry over spoilt milk as below.....
- for a market bid, an increase in consideration is not passed on to those who have already accepted the bid, while for an off-market bid, if the consideration offered under the bid is improved, those who had already accepted the bid are entitled to the increase (s650B(2)).
Ann: Target's Statement and Independent Expert's Report, page-280
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