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8.1¢ vita group limited

Ann: VTG - Market Announcement - Scheme Implementation Agreement, page-30

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Sirbrighton

387 Posts.

74

20/03/23

19:36

Post #: 66866606
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Originally posted by volcanochemical: ↑

i see harvest lane in now substantial buying 9m shares last week. they normally try to extract a higher price for take overs. see the street talk extract from AFR 8dec22:

Sydney investor Harvest Lane Asset Management, usually spotted on the shareholder registers of ASX-listed takeover targets, has found a new flame.Harvest Lane Asset Management’s Luke Cummings. Louise KennerleyStreet Talk’s spotted Harvest Lane cornerstoning unlisted cybersecurity play Votiro’s $10 million cash call, taking up half of the amount.That’s a very different investment from the flagship fund which has been watching stocks like Nitro Software and Tyro Payments, going by its monthly reports. And has, in the past, campaigned for a higher bid at targets like Australian Pharmaceutical Industries.

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Thanks for the intel. I don’t understand fully the "sell" signal. Having two take over bidders is normally a healthy sign for SH's. They company, Vita, may be undervalued?

VTG Price at posting: 13.5¢ Sentiment: None Disclosure: Held
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