@Luckyjack666 they can't pay 50c to some without paying it to the whole 20%.
They are already over 90, so they can finish the deal with a compulsory cash purchase which wouldn't be 50cents, unless gold goes to 5000 or a huge discovery is made under the Jupiter pit or something before they pulled the trigger.
In any case they only needed 1.6%. They can't have got 1% on Friday, or they would have reported today (daily reports over 1% required during a TO) but my guess is tomorrow morning they will announce they have crossed the 95% compulsory acquisition threshold.
It is in the interests of those who have accepted that they get to 95%, because then the offer sweetens. It would be worth it to Delphi to buy all those .28 and .29 shares and accept the offer for them also.
@Luckyjack666 they can't pay 50c to some without paying it to...
Add to My Watchlist
What is My Watchlist?