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Why did Blue Sky Meats tell shareholders to hold their horses?

Takeover bid underway but chairman "wouldn't be surprised" if another was made.

Calida Smylie
Fri, 09 Dec 2016

Blue Sky Meats recommended shareholders wait for more information from the board before deciding on a $25.3 million takeover bid because it believes the full value of the business has not been discovered.

NZ Binxi (Oamaru) Foods, a subsidiary of Chinese company Heilongjiang Binxi Cattle

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Calida Smylie
Fri, 09 Dec 2016
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Why did Blue Sky Meats tell shareholders to hold their horses?
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