SDL 0.00% 0.6¢ sundance resources limited

bitterly disapointed with takeover price, page-14

  1. 3,928 Posts.
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    matt

    re final offer claims - you wont get that in an SIA in most circumstances..as it comes down to a vote and 75% acceptances

    you generally find that a FINAL offer applies to mostly off - market t/o where 90% is required and most co's will stipualte that the bid is full & final (subject to any rival bid) or in the case of rival bids competing when an offer goes to the max limit a co would pay they announce final..

    Hanlong do not have to lodge anything to the asx re FINAL offers...not anything to the ASX on anything at all
 
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