If they get 96.41% or more they could still be taken to Court by shareholders. Shareholders need to prove to the Court that the offer is insufficient. I'm not convinced another IER gets done either. I'm not sure who pays for it either.
If they get LESS than 96.41%, and 10% of the remaining shares object, then that's when a new IER is done and the onus is on the Bidder to review to the Court we are being offered FAIR value, all at their expense.
RRP Price at posting:
8.5¢ Sentiment: Hold Disclosure: Held