A counter bid can still be announced before sanctioning23 Feb 2026 18:15
We’ve now entered the FINAL window for a counter bid on SolGold.
The shareholder vote has passed, but the deal is not yet complete — the Scheme still requires court sanction in the coming weeks.
👉 That means any counter bidder must act NOW
👉 Realistically: next 2–3 weeks max
After that, the door closes.
With the stock trading at or above the 28p offer, the market is clearly signalling expectation of more.
A credible counter:
• Must be firm (Rule 2.7)
• Must clear ~40p+ minimum
• And likely needs to be decisive (40–50p+) to stop Jiangxi responding
This is no longer optional timing —
it’s last call for bidders.