Petmiss as far as the offer is concerned,the release to the market 25 Nov 2011 contains the following information...There was never any indication that there was only one bidder...it accepted in the absence of a superior proposal which means they were the highest bidder...
"The acquisition is not conditional on MMK securing
financing for the acquisition.
The Flinders Board of Directors has carefully evaluated
MMK’s Offer and unanimously recommends it to
Flinders shareholders in the absence of a superior
proposal and subject to an Independent Expert finding
that the Offer is in the best interests of shareholders."
fin review article, page-7
-
- There are more pages in this discussion • 15 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add RHK (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
77.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $153.8M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2000 | 75.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 80.0¢ | 18036 | 5 |
View Market Depth
| Last trade - 16.12pm 28/08/2024 (20 minute delay) ? |
| RHK (ASX) Chart |
Day chart unavailable