WCL 0.00% 39.5¢ westside corporation limited

So here we are - at the end of the three week exclusivity...

  1. 66 Posts.
    So here we are - at the end of the three week exclusivity period. The announcement of 20 November did not state that the end of this period would result in a definative decision one way or the other, but given WCL are now free to solicit a takeover from third parties, I would expect an announcement from the company at least indicating:
    a) Whether the due diligence on the "final" due diligence material has been completed (hopefully the timeline will be enforced this time);
    b) Whether negotiations are nearing completion (or have failed); and
    c) Confirmation that WCL is approaching third parties (or not).

    Given the 20 November annoucement's reference to the three week period of exclusivity, I believe it is appropriate for the company to update the market at this time...
 
watchlist Created with Sketch. Add WCL (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.