MGC 0.00% 43.0¢ mg unit trust

Murray Goulburn: Transparency needed over alternative bids for co-operative, page-7

  1. 10,600 Posts.
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    I might guess you are speculating on what any new Yili offer may look like as no-one knows the real details of any offer they put forward to date.

    You are certainly a couple of steps ahead of the pack as firstly someone will need to call MGC's bluff in regards the Saputo deal and until an EGM is called and that offer is put to the vote not much else will happen short of a legal storming of Southbank. Secondly they would need to formalise a market offer if forced by shareholders and that takes time in itself.

    We just have to sit it out until something new breaks...and I don't mean media speculation.
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