CZZ 0.00% $20.92 capilano honey limited

Ann: Preliminary Final Report, page-17

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  1. 4,698 Posts.
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    "Capilano soars as fundies watch for interloper"

    "Some late Friday buying at takeover target Capilano Honey is causing a stir.
    Stockbroker Canaccord Genuity is believed to be in the market on behalf of a buyer and willing to pay $21 a share.
    The broker crossed one line of 200,000 shares - worth about 2 per cent of Capilano's issued equity, at $21 - and fund managers reckon there is demand for more.
    Importantly, the trading is at a premium to Capilano's $20.06 a share bid from Roc Partners and Wattle Hill.

    It is the first time the stock has traded above the $20.06 offer price since the deal was announced"

    https://t.co/xJN8CApkan

    AFR link above and should be free view
 
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