SYN 0.00% 0.1¢ synergia energy ltd

Who has bought 20% of oilex in the last. 2 days, page-2

  1. 437 Posts.
    lightbulb Created with Sketch. 4
    Yes very interesting. If we assume it is the one buyer and I think we all know who and what I am alluding to.
    At what point do they need to inform the market - upon settlement or do they have more grace ?

    If Magna need 90% for an aggressive T/O it is currently cheaper for them to buy on market and accumulate now. With a larger holding it also means they need less shares and holders in agreeance to hit the 90%.
    Also means it should be that much sweeter for those of us who "keep the faith" when the doorbell rings.
 
watchlist Created with Sketch. Add SYN (ASX) to my watchlist

Currently unlisted public company.

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