FML 5.13% 18.5¢ focus minerals ltd

notice of extension, page-14

  1. 87,903 Posts.
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    evening,

    replug the Krug - it ain't over yet for those who are worried.

    imo - I agree with pauljbo

    "acceptances cannot be revoked. The bid is no longer subject to defeating conditions. Look up 650d of the act.

    the 1 month applies to bids that are subject to defeating conditions.


    I have a sneaking suspicion that the FML team is all over the legals involved in this takeover. "

    I also suspect there might be one of two things going on today - either we have just extended to mop up whatever few lingerers there are (excluding Stone).
    or
    Stone might have decided to have a chat and we extended a bit to give a little air for talking.
    As it is it still would be advantageous for us to get over the 90 mark - but in the end it will make no difference.

    For Stone ? still a mystery - but if they don't know they are shot in both feet by now - then there isn't much hope for them.

    Relax - unplug the Krug and finish the bottle - this deal is done - it is only a matter of how the surrender is worked out.

    have a great night

    Pinto
 
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