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"Sigma advises that it has received a non-binding, indicative and conditional proposal to
acquire all of the issued share capital of Sigma for an indicative price of $0.60 per Sigma
share under a scheme of arrangement or other whole of business transaction.
The Sigma Board is considering the proposal and recommends that shareholders take no
action at this stage. Sigma will make a further announcement in due course."

So why is it that the sp doesnt rise to just below 60c? Does the "conditional" proposal have to do with anything?

[QUOTE="lemontree, post: 556224, member: 33796"] "Sigma advises that it has received a non-binding, indicative and conditional proposal to acquire all of the issued share capital of Sigma for an indicative price of $0.60 per Sigma share under a scheme of arrangement or other whole of business transaction. The Sigma Board is considering the proposal and recommends that shareholders take no action at this stage. Sigma will make a further announcement in due course." So why is it that the sp doesnt rise to just below 60c? Does the "conditional" proposal have to do with anything? [/QUOTE]

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