AUL
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0.00% 28.5¢ austar gold limited

Ann: AuStar Scheme Meetings to Approve the Merger with White Rock, page-7

  1. Schmucky
    1,002 Posts.
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    27/07/21
    11:55
    Post #: 54803583

    This will go through. Its just the liquidity within WRM won't be able to support a mass exodus of investors if they all choose to bail after the takeover is approved. It makes sense for a WRM shareholder to average down their shareholding but it doesn't make sense for an arb fund hence i believe the spread will remain post vote.
    AUL Price at posting: 30.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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