Ann: Dividend/Distribution - BLD, page-18

Thanks for the input. I’m not very savvy with takeovers.
I do hold BLD but now that the dividend is on the 17/4, I may just buy some more, depending on their price on Monday.

What I don’t understand is the offer made by SGH is 0.116 of SGH shares + 1.70 in cash + 0.26 cents dividend which is a total of 6.61. Why is the BLD share price still sitting at 6.12, which is way under the offer they’ve made.

Am I getting this right?