BCP can't strategically afford to take out the sells at 5.5cps and wipe that line. If stock is only available for sale at 5.6cps or higher, it will add credibility to the notion that the market has decided the offer will have to be increased to get up and the market is taking that punt.
ANZ
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- ASX - By Stock
- acceptances are at 30%
BCP can't strategically afford to take out the sells at 5.5cps...
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