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The SANTOS offer has not been voted on yet, the coordinated...

  1. highopes
    587 Posts.
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    16/10/11
    09:29
    Post #: 9146650
    The SANTOS offer has not been voted on yet, the coordinated effort is for the NO vote to succeed and a higher offer received.

    The lucky this with the SANTOS/ESG takeover is that any associated parties cannot vote and it is not just on share numbers but individual shareholder Yes / No options

    Any SANTOS interests cannot be counted.

    The ESG board fully support the takeover and the offer is for SANTOS script.

    Apart from the ESG offer being under a Scheme of Arrangement this is very similar.

    SBL Price at posting: 1.6¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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