TER will have to either do a deal with those that they have already "purchased" from to take back their UNV stock, or sell down to their original 19.95pc.
I don´t see a sell down because TER has not yet issued any shares in connection with the offer. IF UNV court proceedings succeed and the offer ultimately fails, TER will have to release every acceptance they received. There would be no change in ownership.
- Forums
- ASX - By Stock
- Ann: TER: Further Acceptances Received
TER will have to either do a deal with those that they have...
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)