EMI emirates nbd pjsc

$1.75 to $1.22 in one day!!! Thats some slaughter! I'm getting a...

  1. marksman
    1,116 Posts.
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    20/12/06
    11:17
    Post #: 2012358
    $1.75 to $1.22 in one day!!! Thats some slaughter! I'm getting a funny feeling the market does not like the Mitchell deal!
    Given the sp I suspect shareholders will be none too happy in ratifying this deal in February - assuming the sp is wallowing around current levels or lower.
    Could be worth a punt based on shareholder dissatisfaction at EAGM resulting in deal dead in water. Presumably usual EMI PE will then be restored and back to $1.75 or at least a rally approaching that level.
    Comments, thoughts????
    EMI Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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