IFN 0.00% 93.0¢ infigen energy

Ann: Infigen Announces Recommended Takeover Offer from Iberdrola, page-18

  1. 489 Posts.
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    There's a lot of market activity above the offer price, indicating a huge expectation of a higher offer. It's a tricky one, to sell now above the recommended offer price or to hold in expectation of a higher offer? In the money either way (though not by much, as I was lowering my grossly overweight position for small gains at the 60c mark)... I feel like I'm at the pub throwing money at dogs, except it's already got a place, just working out if I should cash in now or hope for a win...

    Mind you, I still hold an early parcel that was picked up at $0.965, that's not in the money. I also still hold some from the last SPP (or whatever it was) at $0.89, that's also not in the money. Surely someone can put an offer on the table above (or at least equal to) the last raising price!!!
 
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