ACN 0.00% 28.5¢ acer energy limited

how could this play out ? , page-15

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    I don't think the bidders statement has been released to the market yet mschif but when it is there'll be an opening date and a closing date for acceptance of the offer .Someone else ,presumably traders ,but maybe not ,are happy to pick them up at 26.5 and 27 so you can draw your own conclusions
 
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Currently unlisted public company.

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