Yes OZL can buy on market - not above 8.5c per share though! So they won't be buying on market.
If they pay more than 8.5c cash to anyone they must offer all others in the takeover class the same deal. Each person in the takeover class could then elect all cash or the original offer at their choice.
Yes OZL can buy on market - not above 8.5c per share though! So...
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