ACN 0.00% 28.5¢ acer energy limited

dls up offer to 28.5c, page-18

  1. 231 Posts.
    Unless its already done the job. If sxy havent been buying above 28,
    Then who has? Someone under instructions to dls? So offer is upped,
    Republic gets a 3cent premium on existing sold parcel, dls adds remaining
    Republic to get to 38.8, and whomever was buying on dls adds their
    Holding to top 40%, not necessarily in that order.

    I think acn has been on the phones playing lets make a deal and since
    Cash is usually king, it better be pretty good otherwise i doubt republic
    Will be interested. Either way, dls has a blocking stake too.
 
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