Originally posted by Hingdog:
↑
I think I may have misunderstood this, given they've also freed BHD from defeating conditions, despite not having 50%. From the JBL update since this announcement : "JBL has been advised by its Share Registry this morning that it now has a relevant interest in 53.51% of HML" So they have had some decent withdrawals, however I'm not sure that anyone else can withdraw as there was a 1 month deadline after receipt of the supplementary bidders statement. I guess it depends on what is defined as receipt of the statement, the date it was announced to the ASX or the date the physical copy was received. Anyone know?
Expand
According to the Corporations Act it's one month from the day after the shareholder received the variation of offer in the mail. Link below for everyone's reference. For some people this will be the 29th of December.
http://www5.austlii.edu.au/au/legis/cth/consol_act/ca2001172/s650e.html