Fair call, I'm likely do that if it goes to around $11 but I think it's worth holding for the Singapore shares and getting the special dividend, then see where it settles. All bets are off if the merger gets blocked though, I'd be hoping I can get out at break-even if that were the case, that for me is around $6.20, would not be surprised if it's lower than that within 24hrs of it being blocked if that was the decision. Severely doubt the merger wouldn't go through but have to admit it's basically a gamble on my part and I suspect the part of many others also.
Ps: now we are back above $7 I'm changing to HOLD until we have that decision in, certainly think the time for adding is likely gone, I'd give 90/10 odds of merger going through but wont oversize my position on what's essentially a hunch at worst and educated guess at best
TPM Price at posting:
$7.02 Sentiment: Hold Disclosure: Held