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Max5000

97 Posts.

24

20/06/18

18:41

Post #: 33836229
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Originally posted by Xerof ↑

Zip, there is only really one significant milestone to watch for on the way to the post-offer period.

If they get to 90% during this offer period, then you are compelled to take the offer - there will be a cheque in the mail, and some shares in your name. No Independent Valuation, no opportunity to circle the wagons etc.

I recall Kalenn making the comment that he knows of ~4% of our group who will accept after July 1. I trust his numbers.

I hope they declare 90% before July 6th, so you and fishy can both get your acceptances in and receive your goodies in a timely manner. Otherwise it may be a long time in the wilderness, for probably not much reward.

I also think MS will fold shortly too, imo.

But, as always, do what you think is best for your own circumstances.

Oops, I see fishy has come to that conclusion above.

Expand

I'm going by the Corporations Act 2001. Where did you reference your information from?

http://www.austlii.edu.au/au//legis//cth//consol_act//ca2001172/s661b.html

Last edited by Max5000: 20/06/18

AVB Price at posting: 17.0¢ Sentiment: None Disclosure: Held
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0 Great analysis

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