IPB 0.00% 0.8¢ ipb petroleum limited

The funds are in !, page-49

  1. 1,656 Posts.
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    Hopefully funds will be received silsol by tomorrow, yet the possibility of yet another extension or even a withdraw from the funding agreement is also possible.
    Re: a takeover being a better prospect by Quay ( the farmee), due to the current MC (~8 mil) - it would need approval ( extraordinary meeting) by the major shareholders - by that time the offer? would be known to the public (ASX announcement), whereby the MC would rise ( toward the proposed offer) beyond the current $8 mil (imo).
 
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