Ebos Limited EBO

[winner69]

Jeez EBO shareprice down to $33.59 ……lowest since mid 2021

Seems unloved at the moment

Time to buy some?

[kiora]

"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

[bull....]

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

PGC merger completed today and at 39c ( 100% gains at the moment for those that spec on pgc ) I wonder if EBO will take a look at the bigger company after there got some runs on the board.