PIH prime infrastructure group.
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buy out money seems too little?, page-2

  1. fuzzie
    327 Posts.
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    17/12/10
    18:13
    Post #: 7630272
    Unfortunately the liquidity facility was tied to a buy out of your BIP entitlement at a share price fixed at US$17.02. This represented an AUS$4.26 value per share.

    Figures projecting a return of around $5.35 were for the holders who did not elect to avail of the liquidity facility but rather receive BIP shares with a nominal value of around US$21.57

    The reason for the opening up of the differential was explained in several ASX announcements, including the Scheme Meetings and Annual General Meetings release.
    PIH Price at posting: $4.90 Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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