There is no chance its going to be a scrip for script exchange. Qube will have to offer the majority (70+%)in cash.
Qube is playing cute at the moment and still haven't come out with an offer. They are coyly waiting for the ACCC to reject Brookefields bid. Than they will try to get it on the cheap and offer rubbish Qube toilet paper as currency.
Corrigan, when Toll took Patrick over said he didn't want rubbish Toll script. He wanted cash. Im the same.
Brookefield are the ones who have acted with integrity during the process to Asciano shareholders. All being equal, they we'll be getting my shares.
- Forums
- ASX - By Stock
- AIO
- News: AIO Nitro Corp says it extended offer period under takeover bid for Asciano
News: AIO Nitro Corp says it extended offer period under takeover bid for Asciano, page-18
Featured News
Add AIO (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online