HiHo Silver, Yes if you hang on for a few months, LG may get to 85% or 90% & announce that they then must advise of a compulsory acquisition. Look in your original bidders statement. My interpretation is that for the compulsory grab,they must stick to their "Offer Consideration" which is 1:34, but if anyone interprets that differently, please let us know.
There is a grey area in this somewhere about the bid having an expiry time of 13 months from 19 Dec 11, but I'm not sure how to interpret that...
Cheers, Japes
SBL Price at posting:
1.0¢ Sentiment: Hold Disclosure: Held
