Chas, I think you'll find it's far less than 50% of last trading price. More like 10%.
Problem is the main shareholders (especially Matthieson) can drive this through without the small guys agreement so like it or not the 'takeover' will go through.
We are then non-liquid with this investment if and until Matthieson can develop a business model in the US that is sound enough for him to float on Nasdaq or make a trade sale.
The whole thing form go to whoa has been nothing short of catstrophic for people that took a punt on AZDF etc
- Forums
- ASX - By Stock
- AZD
- bidders statement out
AZD
amazing loans limited
bidders statement out, page-5
-
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)