Thanks for opening a really nice and professional start to a new thread, @tt2000.
Next week is definitely exciting - for all of us. I feel more excited than I did waiting for the closing date announcement, because this time, we have a chance of opening.
This next announcement will more than likely make everything clear - finally.
I am remaining optimistic for following reasons:
- The private equity buyer requested the extension. It is unlikely they have abandoned the deal, as I believe they are awaiting the amended documents to decide what is next.
- Antares energy and lawyers have been working on a new deal and amendments (possibly focusing on a new closing date and a change in financials, i.e; sales price).
My speculations:
- Has a deposit been made by the private equity buyer, at the same time the extension was requested?
- The price for both Northern Star and Big Star reduced to $USD200M from $USD250M.
- (Binding agreement) A deposit made simutaneously to private equity buyer's approval of new changes.
- Name allowed to be exposed under binding agreement.
The scariest outcome:
- The 50% chance of relisting, may be due to the private equity buyer declining the new amendment proposal, in which case the deal is off and we open.
- The other 50% being that they accept the new amendment proposal and we stay closed????
- Forums
- ASX - By Stock
- AZZ
- Announcement Forecasts
AZZ
antares energy limited
Add to My Watchlist
0.00%
!
$7.50

Announcement Forecasts, page-2
-
- There are more pages in this discussion • 172 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
Currently unlisted public company.
The Watchlist
NUZ
NEURIZON THERAPEUTICS LIMITED
Dr Michael Thurn, CEO & MD
Dr Michael Thurn
CEO & MD
SPONSORED BY The Market Online