Originally Posted by
trader_jackson
Seems when I posted a few minutes after the initial $2.90 take over bid "that the holders have been handed a get out of jail free card" was almost quite literally on the money - Grant Samuel believes, at best, it is worth just a few cents more.
I thought there was meant to be an announcement or some kind of update released weeks ago... so it is good we finally have something at least, but it looks like the prospect of holders getting a higher offer (which management were probably trying to get all these weeks?) is now next to zero.
Enjoy the get out of jail free card - they don't come along all that often.