good result I see they i saying looking at more growth options in sth east asia thru transmedic as i highlighted above paragon operates in the same markets be a natural fit with transmedic :eek2: hopefully they look at it
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ah ebos missed the boat , paragon got a takeover offer last night will be a bigger competitor now for transmedic
yep agree - would expect a TH until they release more info; think it could be read as a sale or an acquisition though? i.e. could be something similar to https://paragoncare.com.au/sites/def...me_2341934.pdf - so PGC shareholders not necessarily going to receive a TO offer?
there it is combined entity will be a 3.5billion company to take on transmedic
anyway i guess it opens up the possibilty of ebos buying the merged entity
still needs a >50% vote in late May, subject to an independent & in absence of a 'superior proposal', so EBO could still gazump last min if they wanted. but yes, most likely is... they look at the larger entity (one day... once the dust settles).
Jeez EBO shareprice down to $33.59 ……lowest since mid 2021
Seems unloved at the moment
Time to buy some?
"Forsyth Barr estimated that a Spark share price of below $4.80 between the 17th and 30th of April would likely trigger the EBOS exit from the ACWI. Funnily enough the Spark share price does indeed slump below that level during that period. We cannot know for sure but if you were running an arbitrage hedge fund a possible trade would be to short sell EBOS now in the expectation of buying it back cheaper when the 9.7 million of index selling hits the market. But to make sure EBOS does leave the index, the arbitrage hedge fund also sells shares in Spark to contribute towards a weaker share price."
https://www.goodreturns.co.nz/articl...or+30+Apr+2024