Silly me! I was reading this article...

Silly me! I was reading this article today:

http://www.theaustralian.com.au/business/opinion/stocklands-play-for-aevum-a-take-it-or-leave-it-affair/story-e6frg9kx-1225900251443

"AGL recently adopted a similar tactic to Stockland when it proposed to acquire Mosaic Oil through a scheme of arrangement at 15c a share and at the same time warned that it had entered into pre-bid acceptance agreements over 12.8 per cent of Mosaic, indicating it was prepared to make a takeover bid if Mosaic wouldn't agree to a scheme. Mosaic agreed to a scheme offering either 15c a share or 1.10 AGL shares for each 100 Mosaic shares, and retained the right to negotiate with potential counter bidders."

That says 1.10 shares, instead of 1.01 shares. Sorry folks- genuine mistake here. At AGK's closing price of $15.60, It would make MOS shares worth 15.6c. Current MOS close = 15.5c. Go AGK :P It did pretty well on a poor day on the market.