It looks like only 6.1% of KAH shares are in the bag so far. I'm unsure what they mean by this (below). Maybe it personally owned shares and not shares belonging to the company they represent?
"Accordingly, the Kalahari Directors intend unanimously to recommend that Kalahari Shareholders accept the Offer, as the Kalahari Directors have irrevocably undertaken to do, in respect of their own beneficial holdings, amounting, in aggregate, to 5,518,813 Kalahari Shares, representing approximately 2.2 per cent. of Kalahari's issued ordinary share capital.
Letters of intent to accept or procure the acceptance of the Offer have also been received from certain Kalahari Shareholders amounting, to 9,839,083 Kalahari Shares, representing approximately 3.9 per cent. of Kalahari's issued ordinary share capital."
EXT Price at posting:
$8.09 Sentiment: Hold Disclosure: Held
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.
(20min delay)