No, not dodgy. We have known all along that some board members and the CEO gain from the transaction. We have known this from the first merger announcement- so we have all been able to make informed decisions since about buying, holding or selling.
I have preferred for the merger not to happen. I prefer the risk profile of DDH1 to that of Perenti Group. I would buy PRN if it was at a much lower SP. That is my preference- it says more about me than the merger.
The effective price for DDH now- is about the same as it was when the merger was first announced- about what it is now- taking into account the dividend.
Whatever.
I respect the boards and management of both companies- but do not love a stock. Something like that.
IMHO DYOR
DDH Price at posting:
86.5¢ Sentiment: None Disclosure: Not Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.