Don’t be fooled by options as protection against take over this...

Don’t be fooled by options as protection against take over this is naive thinking . All the suiter has to do is cut a deal with option holders making them puppets of the suitor. By pushing the price down and options out of money it becomes easy to cut the deal with option holders. It’s a master play as the management then become a 100% controlled puppets and can be very useful by not seeking independent valuations not assisting any other suitor and shutting down continuous disclosure of positive news and of course unanimously supporting the T/O offer even if low ball. All perfectly ok by ASIC and Australian directors institute. At least that’s what I would assume having to just seen this ploy executed to perfection in AVB take over by OZL