Announcement out and an improvement in the B & B offer, having outbid MBL (for the moment). Offer equates to $16.06 + a 40 cent dividend and yet the market is snubbing it currently trading at $15.41.
Are the offered company shares in BBI, BBW, BBP and cash that bad a deal?
I'm still holding my position and keen to see what MBL does from here. 2 big blows this week...AAN and QAN. They wouldn't like that too much.
I still see AAN as an opportunity to buy and make a buck.
Any thoughts out there?
Regards, Snake13.
AAN Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
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