Darryle,Thank you for your post.My GUT feeling is there has been...

Darryle,

Thank you for your post.

My GUT feeling is there has been a big seller @ $0.27 you would have noticed somebody has been spoon feeding @ $0.27 for the last week or so.

I believe the Big seller sold the balance hence $0.26.

Clearly somebody (Sunstar) is happy to buy in 50,000 lots upto and including $0.27.
Currently Sunstar to get any volume now has to pay $0.28 and above.

I think the ASX takeover rules states that if Sunstar pay x% over the $0.28 offer price it becomes the new offer price????????

Todate we have not had a 3rd party offer.

But Sunstar is professionally updating the market and as mentioned can not make a legally binding unconditional offer till all the approvals are in place.

My understanding is that Sunstar due to the extension do not have to update the market until 30 March.

Clearly Sunstar are still very interested and would be fully aware of the offer price which would guarantee 50% plus (Mid $0.30).

Looking at the current market debt AHR shareholders have a guaranteed $0.28 and are waiting for Sunstars next move.

Sunstar have not played there ACE card yet.