AWE 0.00% 94.0¢ awe limited

Rubbish or utter rubbish?, page-9

  1. 2,577 Posts.
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    "this whole arrangement smells"

    MIN SP closing in on what would have represented $1 ps for AWE shareholders under MIN's original bid.

    Magic number is $22.325

    MIN high today $22.14 (= 99.2c ps)

    Making a mockery of the AWE Board's recommendation of MIN's revised 'inferior' bid.

    As well as being more in line with analyst expectations, $1 ps bid from CERCG/ another suitor (e.g. BPT, STO) would throw eggs in the faces of both the AWE and MIN boards.

    DYOR
    Last edited by Guerilla: 05/01/18
 
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