So much hostility on hotcopper lately. Maybe I'm still looking...

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CataclyzMick

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03/08/16

11:25

Post #: 18433102
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Originally posted by airconditioner ↑

Hi fellas. Wise AC here.
but even with my wise man hat on it is a bit contradictory.
The "and" relates to the "earlier" of 2 conditions - which confusingly ends up being 3 conditions.

I think the wording has changed in this version. Where is this version from @CataclyzMick?
My bidder's statment doesn't have that "subject to defeating condition" bit.
Check page 14 if Bidder's Statement
http://www.asx.com.au/asxpdf/20160622/pdf/43820h6p6qgpb4.pdf

The terminology for clause 1 is different.

anyway...
I had always understood it to be 1 month after you voted, as long as the vote becomes unconditional, but not before the date of it becoming unconditional, and no later than 3 weeks after.

Now - I have to agree it is so confusingly written that I'm really not sure when to expect my shares - other than 3 weeks after the 28th July.
Even the way it was initially written is confusing enough for it to be interpreted differently.
And that wording you have is different again...

I still have my GMM shares and I voted 1st July.
Do I allow for processing time and expect any day now? or 3 weeks after?
I'll let you know when I get mine.
I'm probably among the first to have voted.

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So much hostility on hotcopper lately. Maybe I'm still looking at the old bidders statement AC. Both time frames are very close so either way looks like we've got a few weeks wait ahead.

GMM Price at posting: 74.8¢ Sentiment: Buy Disclosure: Held
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So much hostility on hotcopper lately. Maybe I'm still looking...

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Week 47 Wrap: HotCopper users' most watched; Brent lifts on Putin's scary letter; RFK dents CSL

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