IMO the deal is/has been done, just as planned all along and management got on to announcing it as soon as practicable, with the elections hopefully out of the way! Entering into the TH at this stage IMO is a smart move no matter what!
Re the election there seem still quite a bit of unsatisfactory ramblings going on, as was to be expected. There is talk about wanting to challenge any results in court, possible demonstrations and even riots at this stage can’t be excluded. So once again the TH situation is in the interest of SH.
If over the next few days the situation should dramatically worsen, management could go for a voluntary suspension, if not asked to do so by ASX anyway. Remember VEC wouldn’t be the only company effected by country wide demonstrations and so ASX should urge companies to ask for suspension if it comes to that!
So as suggested above, with the deal being done the TH is in SH interest and an extension, if needed, I would see still even more positive!
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