K2P 0.00% 18.0¢ kore potash limited

ramifications of accepting the offer now, page-10

  1. JID
    3,568 Posts.
    lightbulb Created with Sketch. 663
    Oh well, Dingyi has another 3.7% in the bag (now 22.7%).

    I agree with radioactive that waiting till the last minute is the best thing to do to keep your options open.

    However, given that Dingyi only require 50.1% and if you want 66c per share don't stuff up your timing and miss the cut off (if that is how it transpires) otherwise you may end up a minority shareholder in a Dingyi controlled company and see the SP trade lower than 66c (i.e. if Dingyi obtain +50.1% and proceed but do not get enough to complete a full takeover).

    Cheers
    John
 
watchlist Created with Sketch. Add K2P (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.