We were hoping to get an early look at what they decided in the 30days leading up to the meeting and maybe if we had appproval buy out some of the sell orders left on from the CR or sell on rejection.
We do know in this time they havent approved or rejected or decided to ask more questions. They have asked for clarification direct from the company on some topic(s) and will go from there.
We can go back and look at what happened in previous situations when they did orals by looking on the agendas and following through to the minutes of the same (or following) month but you will only get an indication. I will do a bit more when I get a chance. BUT really it goes to the nature of the question they are asking verbally. With the full range of options still possible you would be game to make trade on these outcomes.
Company may annouce in next 24 hours but most likely wont say the nature of questions just they have oral(and not the good sort
If they decide (approve or rejection) at this meeting then probably one-two weeks for BSI and then TIS to be informed and then annouced. Quicker if they decide during meeting while the company is there but unlikely. Maybe in the meeting highlights on mondayish but probably not.
If they deliberate and decide (approve or reject) next meeting we will know from agenda of next meeting or company annoucment which every is quicker.
If they intend to ask more questions we will know from agenda of next meeting or company annoucment which every is quicker.
TIS Price at posting:
21.0¢ Sentiment: Buy Disclosure: Held