From what I read, the offer is only raised if the sales goes through. MM know about it. If the sales go through above 425mio then the offer goes up 3 cents. I think.
Either way, MM wouldn't have bid without full banking facilties in place AND the ability to raise the offer in lieu of a competitive bid from a rival.
I can tell you now that if a rival bid, MM would have room to up their bid to the correct pv of the share price.
- Forums
- ASX - By Stock
- what if
From what I read, the offer is only raised if the sales goes...
-
- There are more pages in this discussion • 22 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)