I am confused.
Page 49 of 59 of the Qtrly States they have accepted a formal offer for $100M. Whilst Page 56 (appendix 5B, which is signed as true and fair, there is no mention of "financing facilities being available"
CDU should have put in a note on 56 explaining the difference between ACCEPTED a FORMAL OFFER and having a facility available FOR USE
(noting: that all loans will have conditions that limit their availability to be used... for example not allowing the loan to be used to buy employee shares).
Maybe they made an error and hopefully it is rectified on Monday
Otherwise I might need to give the Coy Secretary a call to ask why this ambiguity is not misleading to the market.
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I am confused.Page 49 of 59 of the Qtrly States they have...
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