RDH redhill education limited

Ann: RedHill and iCollege announce Bid Implementation Agreement, page-4

  1. 2,044 Posts.
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    9.5 ICT shares for each RDH share, at yest price
    9.5 x 11c= $1.045 for each 87c, Great arbitrage.
    Whats the catch? Combined entity will be a leading Educator with alot of cash.
 
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