Hotwolf,
The stock wasn't suspended ahead of the news, which came completely out of the blue.
The last deal where Southern Star was sold was priced in US$ as well and had a headline figure. Only once you looked into the details did you find that the figure was made up of 4.3M Breitburn which were being valued at US$19+ when they were actually trading at US$17.50 when the announcement came out.
This announcement doesn't say "US$250M in Cash" therefore some of it might well be in loan notes or such like.
Many here have done that & got the teashirt from being burned before by AZZ.
So you've been warned, nothing with Antares is quite what it seems
LOTM
- Forums
- ASX - By Stock
- AZZ
- Amazing Deal
Amazing Deal, page-13
-
-
- There are more pages in this discussion • 26 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)