One thing I find puzzling: the SP hoovers around 25c and many of us hope / expect that when a TO occurs there will be a premium (say 75-100% as 8horse suggested). That’s a lot of profit to be made in a short time. Why is there not more aggressive buying?
Anyone here been part of a TO before and willing to share experiences?
AVZ Price at posting:
24.0¢ Sentiment: Buy Disclosure: Held