TIL - Trilogy [formerly ECO - Ecoya]

[BlackPeter]

A bit of selling today?

Certainly not from Morgan Stanley - they topped up by a cool 2 million shares last week. Do they really just want to make meager 2 percents by selling them on to CITIC?

http://nzx-prod-s7fsd7f98s.s3-websit...357/276043.pdf

[winner69]

This will make your day black peter

http://nzx-prod-s7fsd7f98s.s3-websit...435/276119.pdf

Business Bakery picking up the tab for a lot of the costs

[winner69]

Still subject to OIO approval

That could be interesting

[BlackPeter]

This will make your day black peter

http://nzx-prod-s7fsd7f98s.s3-websit...435/276119.pdf

Business Bakery picking up the tab for a lot of the costs

A bit spongy (the provided info) - but what do you recon? Are they doing this out of the goodness of their heart?

[Balance]

This will make your day black peter

http://nzx-prod-s7fsd7f98s.s3-websit...435/276119.pdf

Business Bakery picking up the tab for a lot of the costs

Hate to observe it as such but announcement is a bit ominous?

If the takeover does not go through for whatever reason, the sp could really tank with the latest profit downgrade.

Highly unlikely as CITIC is not acquiring TIL for the short term profitability but I just wonder if the Baker Boys are very keen to get this deal through so is prepared to cover some of CITIC's costs.

[carrom74]

Hate to observe it as such but announcement is a bit ominous?

If the takeover does not go through for whatever reason, the sp could really tank with the latest profit downgrade.

Highly unlikely as CITIC is not acquiring TIL for the short term profitability but I just wonder if the Baker Boys are very keen to get this deal through so is prepared to cover some of CITIC's costs.

Right on the money Balance-I sold out couple of weeks to rebalance my portfolio-I just proved myself right. The "more or less" wording in the guidance is just pure desperation from BB to pressurise shareholders to accept the offer(I guess)...very wishy washy here...