"NetComm would despatch supplementary disclosure promptly toshareholders and to the market in accordance with orders of the Federal Court."
Seems they have been forced to provide more info rather than a new or higher bid. Hopefully the process will force CASA to up their bid if they want to resolve quickly. Given NTC is generating more cash over any delay period, it should increase their offer irrespective or return any excess cash generated in this period back to shareholders.
Add to My Watchlist
What is My Watchlist?