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Another Anniversary, page-43

  1. 1,619 Posts.
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    It's hard to get the full picture on the how much money Taurus has access to.

    They would obviously believe they had access to enough given a) they launched the takeover bid, and b) have quickly taken the steps to acquire the remaining shares.

    $20m of Taurus money is tied up until the start of December, thanks to the ruling against Galt by the Takeovers Panel (re Finders ASX:FND).

    Taurus have spent roughly $26m (26m shares @$1) so far on acquiring shares.


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