Current Price – 7.55
Offer Price – 8.22
Upside – 9% ($134 guaranteed return for odd lots)
Odd lots – shareholders who own less than 200 shares will be bought out on priority basis.
Expiration date (to tender shares) – 11 February 2016
This is a hostile tender offer carried out by ASX, and as such is has a higher risk of being cancelled than other tenders presented on this site. Moreover, the tender is subject to regulatory approval. However,