I should say congratulations as well. I sold last November 2017 @ $5.15 thinking that I escape a bullet. I can’t regret my decision because I didn’t make a loss and I had no patience to hold for another 11 months.
Takeover offers like these come out of nowhere. How do you read the signs of this? I am not sure if AustralianSuper made a wise decision??? Not sure how to explain this statement. Prior to this takeover offer, things looked bleak like its debt. They must know much more than me - therefore I escape making a loss and they have a business on their hands.
Ann: Unsolicited, preliminary, conditional & nonbinding proposal, page-4
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