I am thinking the opposite. everyone is very calm and it is clear this has no effects on fundamental business value. further the sgx being flat after trading halt Ann on asx makes it very clear this is over sold dramatically during a measly 9 min of trading Wednesday afternoon.
Amal is currently 25c on sgx. we will get 1.1 amal share for every taw share after merger. so real share price is 28-29c on Monday meaning there was really a 1c or less drop in real terms for taw shareholders.
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