OTCPK:NOSOF - Post by User
Comment by
roadtrainon Aug 20, 2021 1:35am
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Post# 33738340
RE:Thoughts on Wyloo's news
RE:Thoughts on Wyloo's news Wyloo have calculated BHP can't get to 51% as they have a blocking stake.
Consider Wyloo gets access to the books by agreed or legal means for the purpose of making an
offer.
Wyloo make an offer of say 80 cents a share for the balance and get to 51% min. (Only need around 15%).
Poison pill is removed, takeover proceeds.