Ann: Becoming a substantial holder from MS, page-45

M0nty, I agree, we don’t have to get upset with others.
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My question, to anyone who has some knowledge in the area is, how much of a pain in the bum is it to a company ( like Ozl) to have to clean up the last few % in a Takeover?

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Is there a chance that some companies would prefer to see a spike, just before the cut off date, to rid themselves of possibly a large group of that last X amount of %?

Would they even care?

Could something like that happen or would history suggest that the margin between the last few days marries up to a few pips below the TO price?

PS I understand all TO’s are different but I have learnt over time that someone can always pull a statistic out, on these boards