Australian (ASX) Stock Market Forum

GCL - Gloucester Coal

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Osendo Pty (BIDCO) hold 59.87% of GCL stock as of 1/10/10

Osendo now have 70% of GCL but have had to extend the offer of $6.30 a share. An over-the-top bid this that the directors fell over themselves to recommend but some still want more.
 
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