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I don't get it.2 days of trading halt, and still no firm offer...

  1. TTH
    1,255 Posts.
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    19/12/07
    10:31
    Post #: 3174900
    I don't get it.

    2 days of trading halt, and still no firm offer for BYI.

    I would have thought that tomorrow would have been a deadline, to try to stop BYI investors getting nervous and handling MYI the extra 27% (approx) they need to get a 50% stake in BYI.

    Surely there will need to be something more definitate released today or tomorrow?!

    Well, I did say I liked to watch the drama, is suppose. Destra have a way of being unpredictable.

    Cheers all.

    p.s. presumably the sale of MPH's real estate will be used to part-fund a BYI takeover (possibly with a bank's assistance prior to sale)
    DES Price at posting: 0.0¢ Sentiment: Hold Disclosure: Held
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