PLT 2.92% 66.5¢ plenti group limited

fer advised to take no action, page-3

  1. 371 Posts.
    Red

    A highly unusual situation...that's an understatement to say the least...the current SP's of the 2 and the fixed merger exchane ratio of 3 for 2 implies a 50% windfall for all FER shareholders but their board advise their shareholders to take NO action.

    The current market is obviously not a genuine market and either PLT is going down or FER is going up!

    Unbelievable!
 
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