Who would care about the details behind rejecting this significantly inadequate offer?
Maybe ASX should ask NST how they can justify claiming the offer was "fair and sensible" in public announcements without providing any independent expert basis for this claim.
Based on this comment the market is entitled to believe that $156 million is a fair value for NST's own share of the EKJV.
Why doesn't the market wake up and immediately wipe between $700 million and $850 million from the market capitalisation of that company? when the $156 million value has come directly from the horses mouth, the CEO of NST.
What a joke the markets are. What a joke the regulators are. What a disgrace this whole espisode has been. Esh
Who would care about the details behind rejecting this...
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