Quote:
Given the share price sensitivity of this forecast update, the Comvita Board
believes it is obliged at this time, to disclose that Comvita is party to a
Confidentiality Agreement with a third party, pursuant to a due diligence
process currently being conducted on the Company. This process, which has
been ongoing for several months, is to enable the third party to assess the
potential acquisition of all or substantially all the shares in Comvita,
whether by way of takeover, scheme of arrangement, amalgamation or other
business combination.
What they said in mid April. It strikes me that this has now become unusually protracted. given that due diligence had already run several months in mid April.