Originally Posted by
RTM
You mean this one ? You are being a bit generous.
The $2.30 per share takeover offer from the Infratil and Mercury Joint
Venture (JV) for your Tilt Renewables shares (the Offer) is due to close at
11.59pm on October 15th (unless the Offer Period is extended by the JV).
At the time of writing this letter, acceptances of the Offer total less than
1% of the shares of Tilt Renewables (excluding the exercise of the option
over the shares held by TECT Holdings Limited which was entered into prior to
the Offer).
It appears shareholders overwhelmingly agree with the Independent Directors
that the Offer is inadequate and does not represent fair value for your Tilt
Renewables shares.