ABC 0.00% $3.19 adbri limited

Ann: Scheme of arrangement acquisition proposal from CRH & Barro, page-7

  1. 4 Posts.
    What are the chances of the acquisition of ADBRI coming to fruition?

    The reason I ask is that if it's basically a dead certainty, why isn't the current share price nudging $3.20 rather than sitting at $2.99 at the moment?

    Looks like an easy 21 cents per share to make for anyone buying more shares and prepared to wait until the scheme is fully implemented in a few months.
 
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