http://www.sharechat.co.nz/article/e...e-pursuit.html

https://www.nzherald.co.nz/business/...ectid=12136277

"Asked if the price might increase, Taylor said Fletcher hoped to continue to talk to Steel & Tube but "we "think it's a good offer and would like to see it put to shareholders. We'd like to continue discussions with Steel & Tube."

Body language says FBU is ready to increase offer and STU wants a higher offer.

GAME on!