I hold LEP and am voting against the scheme. I consider their finances and prospects positive and think a better offer could be possible eventually (not in the short term). Seeing that CLW and Hostplus would own 50% of LEP each, it seems that accepting an offer of CLW securities will not expose me to the assets to the extent I already enjoy.
Having said that, I also hold CLW, so if the scheme goes ahead anyway, I will accept more CLW securities.
Some exposure is better than no exposure.
Ann: Acquisition of 50% of ALE Property Group, page-21
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$4.00 |
Change
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Mkt cap ! $2.883B | |||
| Open | High | Low | Value | Volume |
| $3.97 | $4.03 | $3.95 | $6.614M | 1.653M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 25474 | $3.99 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.02 | 25724 | 7 |
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