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0.00% 52.0¢ rocklands richfield limited

Surely the only possible action for the board is to declare the...

  1. DavidBriggs
    149 Posts.
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    02/02/10
    15:38
    Post #: 6277160
    Surely the only possible action for the board is to declare the Meijin bid a superior offer and engage with Meijin so we can get a formal takeover offer to accept.

    And yet the trading halt announcement says it is regarding a development with the Jindal offer, instead of just saying we prefer the Meijin offer.

    This is all turning just too weird.

    Note to self: never take future Indian takeover offers seriously.
    RCI Price at posting: 29.5¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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