Crap deal. Implied value hardly cover injection of funds by NSE deal let alone Cash plus Equity post farmin in 570. There is little side of the deal for shareholder. I don't want access to PEL570 side via DLS holding, and the premium offered is too poor to make me interested in holding DLS.
Reminds me off the DLS takeover of Acer where they got royally screwed. And how did they get such a large position without substantial interest notice and low volume in recent weeks. This has been planned months in advance.
The deal is so poor I wonder why management is so keen? Will they be getting board positions in DLS?
They'll have to compulsorily acquire mine give current price offered. I didn't buy AQO and bear the risk for such a poor return.
AQO Price at posting:
26.5¢ Sentiment: Buy Disclosure: Held
