The announcement says,
· AGL increasing its subscription price for QGC shares by 16 cents, up to $1.60 per QGC share for a 27.5% investment in the company.
· A QGC tender buyback of at least $1.52 per share.
What's the difference between "subscription price" and a "QGC tender buyback" price ($1.52)?
QGC
queensland gas company limited
big boys coming home, page-4
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