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Okay, I admit that I have no idea what this announcement is...

  1. HK1
    590 Posts.
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    Okay, I admit that I have no idea what this announcement is really about.

    It seems like a "half-pregnant" announcement - "we are extending the deadlines, but the timeline is not changing."

    Here is the timetable from the 17 January Announcement:

    https://hotcopper.com.au/data/attachments/1968/1968322-23cd985b3a7bbf151025b2eabc05f3cb.jpg
    But now they are extending with: "The parties have also agreed to extend the End Date for satisfaction of the Conditions Precedent to completion of the Acquisition to 4 May 2020"

    And then they add: "While this is an end date to the agreement, the indicative timetable included in the NoM remains the same."

    I am not sure why this new announcement was required, if there is an issue with NS or OBJ or the Capital Raising and what other timelines might change.
 
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