QGC queensland gas company limited

big boys coming home, page-4

  1. zwu
    2,452 Posts.
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    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)?
 
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Currently unlisted public company.

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