bidders statement, page-7

oops poshman

Looks like we are reading this at the same time..

the AJE and option issue is a deal breaker for me.

especially the AJE problem, without a doubt someone will pinch it. with that in mind.. why if this is a friendly take over has JKA not taken over TPT (script offer)


I hope a competing bid arises.


Also on the unlisted options i see the JKA directors have looked after themselves, electing to keep their arrangement off the bidders statement, no doubt because it is not subject to the same dilution.

Tangiers has agreed under the Bid Implementation Agreement to make contemporaneous
offers in respect of Unlisted Options, on terms to be agreed with Jacka.


directors have failed.