Thankyou to Elph, this now means the Seven bid has been killed off.
Seven's options are now limited to: 1-put in a much HIGHER bid. 2-walk away from the bid. 3-buy/creep 3% on market. 4-move to delist and have the hassell of dealing with minorities forever.
Either option will not achieve 100% of Coates hire and it is this value of Coates and the cash flow it offers, now and into the future that's at stake here and the astute value has been rightly determined by Mr Dale Elphinstone someone with a great deal of experience.
