BST 0.00% $1.88 best & less group holdings ltd

Ann: Trading update, page-5

  1. 53 Posts.
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    Can someone explain why the current share price is below the 1.89 offer from Blundy? Surely any purchase below this level would give a gauranteed profit in a month or 2 when the deal goes through. I guess there is a risk he pulls out but it seems pretty unlikely.
 
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Currently unlisted public company.

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