HZN 0.00% 19.0¢ horizon oil limited

You are right gdn. Found this in Takeovers Panel. creep: An...

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    You are right gdn. Found this in Takeovers Panel.
    creep:
    An exception to the takeover prohibition which allows a person to acquire up to a further 3% of a company's issued share capital in any 6 month period. See item 9 of section 611.
    This changes the numbers from my earlier post. If you include the additional 300 million shares IMC could gain 48 million in the first 6 months
 
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