Wouldn't be surprised to see a subsequent offer/full takeover attempt from Lion. Thought they had to wait 6 months from last tho? Anyway I would think there would be substantial savings for Lion from a 2nd takeover etc to be made rather than continue with the ASX listing. Not sure a slight increase in previous offer would get much flak from holders from previous takeover. many would have moved on-sold out, others would see the benefit of wrapping it up. Who knows. Might even be a lower offer?? I have no idea.
SBL Price at posting:
0.8¢ Sentiment: None Disclosure: Held