SRF 0.00% 6.8¢ surfstitch group limited

Can someone with knowledge explain bit in details what does it...

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    Can someone with knowledge explain bit in details what does it mean for us shareholders.
    In case they come back with higher bid and lets say we accept ect, whats the procedure, how does it work ect.
    Just curious and i d like to know how take overs work.
 
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Currently unlisted public company.

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