"Shandong has committed not to increase its offer price in the absence of a higher competing offer, and Nordgold’s increased Offer Price is not a higher competing offer. Nordgold’s revised Offer is unconditional, is open for eleven days beyond the current scheduled closing date for the Shandong Offer, and shareholders can accept simply by instructing their broker. Nordgold’s Offer is scheduled to close at the end of ASX trading (4:00 pm Sydney time) on 3 November 2020, unless it is further extended or withdrawn in accordance with the Corporations Act."
Nord playing the game
CDV Price at posting:
$1.05 Sentiment: Buy Disclosure: Held
