It's not a SPP or a divident. In takeovers until change of control you can buy shares in target company any time even takover has been assured. Period of this offer is 1 month by Max time the party doing the takeover can ever have is 12 months to mop up all the shares, usually with certain milestones needing to be reached.
MKO Price at posting:
9.4¢ Sentiment: Hold Disclosure: Held