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NST Bid Foiled by the market, page-8

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Rothbard

961 Posts.

257

02/10/19

18:43

Post #: 40692212
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Originally posted by Slentik: ↑

If I sell on market I lose exposure to any potential increase in offer. I think my best course is to take the offer, get the cash in a bit over a week and move on to fresh pastures. If they up the offer, that will be a bonus. I'll just leave the hedge funds to fight it out with NST.

So many hedge fund shills on the EAR boards, I'll be glad not to have to read their posts anymore.

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That's what I've concluded too. I accepted the offer today. I get 33c per share and retain exposure to any subsequent increase in NST's offer price.

I think that's better than getting 33.5c per share by selling on the ASX. But time will tell.

EAR Price at posting: 33.5¢ Sentiment: None Disclosure: Not Held
1 Upvote

0 Great analysis

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