Ann: Chairman's Letter To Shareholders Respon, page-11

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  1. 17,248 Posts.
    lightbulb Created with Sketch. 52
    re: Ann: Chairman's Letter To Shareholder... Anything is possible,it would make their original announcement look extremely silly.

    Its interesting that mak got a new major SHr willing to spend $2.5 million for some five percent of the company.
    CEN is still in play,there's no reason for other party's to show their hand at this very early stage.
    I suspect the SP fall is recognition that the rum offer is far too low,even in the rough market currently.
    How many revised bids were issued when mak and ucl were going at it?
    From memory it was three from mak and then a couple from ucl(happy to be corrected).

    Raider
 
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