IIN iinet limited
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Anyone notice the last paragraph in today's announcement from...

  1. oosie
    135 Posts.
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    30/04/15
    17:38
    Post #: 15192214
    Anyone notice the last paragraph in today's announcement from iiNet

    "In accordance with the process outlined in the TPG SIA, the formal recommendation of iiNet Directors does not change, if at all, until the completion of the matching right process. In the meantime, the iiNet Board therefore continues to recommend the TPG Offer as announced on 13 March 2015".

    So if the iiNet board continues to recommend TPG offer, why would they offer anymore?
    IIN Price at posting: $9.94 Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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