Hi Tangrams,
Although DD has been extended until 11th March IMO it’s likely that an announcement may not come for some time after this date. In fact, this is the case more often than not with regards to completion dates and reporting to market. After all the timetable in their 21/01/16 announcement was “indicative” as we have experienced with this latest extension. We still need an announcement for the shareholders meeting which I assume will be included with their DD outcomes report.
I wouldn’t be punting on “3 days to go” etc however I’m guessing that they will want to wrap this up pretty fast. In fact going by the price action this week those in the know might be expecting to take advantage of some further speculative trading continuing into next week. Which is fine by me.
GLTAH and JMHO
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