I couldn’t agree more with the previous two posts.
By holding out as long as possible early in the week it’s clearly up to LG to get the acceptances and Weiss to mop up on market if they truly want SGX control.
We’ll be a lot wiser where both parties stand come Tuesday morning as I’d expect to see Change in Substantial Holder notices from both parties. It will have been 4 days (including the weekend) since we've heard from LG come Tuesday morning, so I wouldn't be surprised if they increased their holding a bit from last Friday morning.
Also we probably won't know if Weiss has unoladed shares to LG in the interim, given they used their maximum disclosure time last week.
I must admit though 2 cents cash will probably tempt quite a few current holders into selling on the ASX, but this is certainly the day to hold out for more or too hold off from sending in your acceptance form.
glta holders.
I couldn’t agree more with the previous two posts.By holding out...
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