My answers - 1. $4.70 is nearly $5, remember the bid could be knocked back by controlling UMG major shareholders (but very unlikely) or withdrawn by the bidder (very unlikely, they've been talking for a year) 2. Very likely but who knows what the big shareholders think (hard to imagine they don't think it's enough) 3. No, not very likely read what HorseTrader1 copied from the AFR 28 March.2023 4. No, unless another bidder arrives and bids higher 5. Should hopefully be another announcement "soon" as it sounds like it's all been going on behind the scenes for a long time
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UMG Price at posting:
$4.67 Sentiment: Hold Disclosure: Held