I still haven't seen any reason for the share price plummeting from $3.90 back to $3.40. Is it the takeover is viewed as being negative or is there something else? Prior to the take-over Goldman Sachs has a buy on IMF with a target price of about $4.40.
Interested in other people's take on the share price dropping and the likely short term price action.
Ann: Acquisition and Associated Equity Raising, page-24
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