RRP can't raise whilst the bid is still open. The bid closes on 3/8.
For the bid to go fully unconditional they need 96.41%.
There are still some options for current holders to receive additional value for their shares, even if T2 get to a 90% shareholding, but less than 96.41%.
Ann: Quarterly Activities Report and Appendix 5B, page-18
-
- There are more pages in this discussion • 23 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
