Replies to post #5052 on Arcam AB fka AMAVF

[Tamhas]

While knowing the number of tendered shares is certainly an interesting question, one has to be very clear that control of ownership has not been transferred by the tender. The owner can withdraw the tender at any time until the tender has been exercised so a change in sentiment can easily result in major shifts in what is and is not tendered.

[Mr Twenton]

I don't think they will know very much until after the bid expires. GE may be negotiating with/talking to certain major holders and get a rough indication, however, they cannot make any binding agreements unless they are made public.

For example AP1 with their 9% could change their mind and pull out from their accept.

Another example, Nordnet (a Swedish internet bank) now collects withdrawals that they will "deliver" mid next week. I guess most banks and brokers collect both withdrawals and accepts and report them at the end of the tender period. With my Swedish bank/broker Avanza I can, if I would have accepted, withdraw electronically till the last minute of the tender period.