rubba81 Posted July 6, 2008 Share Posted July 6, 2008 In reply to: tuapui on Thursday 26/06/08 04:00pm Yes i believe that if they reach the 90% mark then they have the rights to acquire your shares regardless if you accepted the offer or not. But dont worry as i doubt it will happen. Feel free to correct me if i'm wrong! Link to comment Share on other sites More sharing options...
DAVIDB75 Posted July 6, 2008 Share Posted July 6, 2008 In reply to: rubba81 on Sunday 06/07/08 03:46pm If they have 60% acceptance they will most likely get there in the end no matter what. The best chance of getting a better price is for someone to launch a better offer and start a bidding war(hopefully). If the bid did lapse the price may not get back to 32 for some time. I accepted the bid, since it seems my best chance of getting my small profits back in the bank in the quickest possible time, with the best chance of eliciting a bidding war, if someone else is waiting in the wings to see if it might get up at these prices (which I admit to thinking are low and opportunistic and in poor form considering the bidder's relationship to the target - but that's par for the course it seems these days) All opinions are simply my ill-informed ruminations. Link to comment Share on other sites More sharing options...
rubba81 Posted August 15, 2008 Share Posted August 15, 2008 So now thats its a done deal when do we get our money http://www.sharescene.com/html/emoticons/smile.gif Link to comment Share on other sites More sharing options...
DAVIDB75 Posted August 15, 2008 Share Posted August 15, 2008 In reply to: rubba81 on Friday 15/08/08 10:57am I got mine a couple of days ago Link to comment Share on other sites More sharing options...
rubba81 Posted August 16, 2008 Share Posted August 16, 2008 Thanks for letting me know David! Which State are you from and also did it come as a check? I'll probably give it another week and then start making inquiries. Who should i contact? Cheers http://www.sharescene.com/html/emoticons/smile.gif Link to comment Share on other sites More sharing options...
10fingers Posted August 16, 2008 Share Posted August 16, 2008 In reply to: rubba81 on Saturday 16/08/08 09:34am rubba81. It should role up as a cheque. Mine did Link to comment Share on other sites More sharing options...
rubba81 Posted August 19, 2008 Share Posted August 19, 2008 In reply to: 10fingers on Saturday 16/08/08 12:36pm Thanks for letting me know, hopefully it will roll up as a cheque soon! Is anyone else still waiting on it? Link to comment Share on other sites More sharing options...
rubba81 Posted August 24, 2008 Share Posted August 24, 2008 No still havnt recieved anything yet. Who should i call to get things moving into gear? Link to comment Share on other sites More sharing options...
DAVIDB75 Posted August 24, 2008 Share Posted August 24, 2008 In reply to: rubba81 on Monday 25/08/08 12:46am as I see it, clause 3.8 in the target's statement, you should get the cheque at least within one month of the bid becoming unconditional. There is a shareholder helpline on 1300 728 209 (assuming that is still open at this stage) . The cheque came with a covering letter from Cristal Australia Pty Ltd signed by Dr Stephen Ward - Director, but no direct phone number, registry is Computershare on 1300 763 914 Link to comment Share on other sites More sharing options...
rubba81 Posted August 25, 2008 Share Posted August 25, 2008 In reply to: DAVIDB75 on Monday 25/08/08 08:47am Thanks David, thats a great help will give them a call first thing tomorrow morning. Link to comment Share on other sites More sharing options...
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