Ann: Phoenix Advises REJECT Evolution's Takeover Offer, page-5

Wake up people!!!!

EVN have clearly said that's it folks - they are not prepared to budge on the offer and this is why the board have issued this statement to reject offer.

They would have tried to negotiate.

Zijin out of picture now - why would EVN increase offer????

I wouldn't if I was them if I knew I was only one bidding for it now.

Looks like we will get short changed.

To be honest, didn't expect this.

This will drag out to Christmas for what?? A few extra cents where you c an make more money elsewhere