PYG 0.00% 99.0¢ paygroup limited

Any ideas why this is so strongly bid at 99c? After the issue of...

  1. 1,160 Posts.
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    Any ideas why this is so strongly bid at 99c? After the issue of these shares, scheme consideration is only ~99.15c and with a month to payment it's only a ~1.4% annualised return. Better returns in a savings account with zero risk.

    Surely there's no counterbid from here?
 
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Currently unlisted public company.

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