Let's not get to carried away. It got my blood boiling a bit too, especially since I feel the company has suppressed the price over the last week (keeping it in suspension) when we could have reached an estimate of 3.8c organically.
It's been a long project (I'm only a short term holder) but we are at the pointy end now with good news after good news coming from ARS.... excluding this BS offer.
It is however only the first offer and I suspect more will come through. Do some dollar-cost averaging, increase your profits buy some more, your guaranteed 5c.
What is the worst-case scenario? The deal falls through, ARS keep pushing forward as planned.
Ann: Alt Receives All Cash Off-market Takeover Bid from Aurenne, page-149
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