we hear a lot about the ASX requirements for "continuous disclosure". in fact many of those class action claims relate to a company's purported breach of their obligations re continuous disclosure.
so I wonder, do those "continuous disclosure" obligations also relate to Landbridge?
I simply don't know. But in this case, Landbridge is an important participant in the market for WCL shares, and their purported Intention to make an Offer, is very much a market-moving issue!
with the WCL sp at 28c, and the supposed offer price stated at 36c, that's a big difference.
does anyone know?
WCL Price at posting:
29.0¢ Sentiment: LT Buy Disclosure: Held