....Compare the two timetables for SBL and LRC...
Timetable
The Bidder’s Statement and Target Statement are both expected to be despatched to
Signature shareholders by late November 2011. The Offer is expected to close late in
December 2011, subject to any extensions.
Timetable
The Bidder’s Statement and Target Statement are both expected to be despatched to
Laguna shareholders in early to mid December 2010 . The Offer is expected to close in early to mid January 2010
, subject to any extensions.
Aman...
...LRC had nearly 1.5 billion shares on issue at the time of takeover if my memory serves me correct however this is irrelevent once LION mop up many shares and directors contolling 200 to 300 million have accepted the 2 cent offer so i would think the end December to early January would be plenty of time for LION to take almost 90%..
...I think its great for SBL holders given the low price at market of late and IMO LT holders wont be sorry if they wait a little...Late December is still 2 months off...
...OK thats enough from me i can hear the train...bye
...RB
- Forums
- ASX - By Stock
- SBL
- don't sell & some questions
don't sell & some questions, page-40
-
- There are more pages in this discussion • 51 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)