This math is correct right?!
Unless I am a complete moron (very possible)
You can buy ACB at an 11% discount to the implied takeover bid.
With transaction completion 1 month away ...
Why would anyone NOT be doing this
I alr have a big position ... entry 10c so underwater ... seems no brainer tho !!
| LOT SP | ACB SP |
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1 | 0.220 | 0.056 |
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2 | TAKEOVER IMPLIED: | 0.062 |
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3 | DISC/PREM: | 11.0% |
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