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Originally Posted by trader_jackson
Share price was far far too low, now its just far too low - heading in the right direction at least - shouldn't take much to get it back into the $1.20's - afterall, the takeover offer was at $1.70 so even $1.20 is a steal, especially if they came back to the party and offered around the $1.50 mark
But being the NZ regulated Share market, they won’t tell retail shareholders about an offer until the gossip is near universal. If there is another offer, it will just be gossip among the high, mighty and insiders. When the offer comes in at $1.10 they will then perhaps disclose it more quickly to retail shareholders - perhaps.
Last edited by Bjauck; 28-12-2023 at 03:55 PM.
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