Under the implementation deed with Brookfield, HSO cannot allow them due diligence without a superior proposal. So it is up to them to make a superior proposal to the Brookfield offer if they want to proceed further/due diligence.
Hopefully todays Brookfield offer will make them up the ante a bit as they seem to be indicating.
More to follow one thinks.
HSO Price at posting:
$2.44 Sentiment: Hold Disclosure: Held
