So how does this work - If the transaction goes through does that mean our shares are automatically sold at the $13.25 price point, or does the Chinese company just take over and it's business as usual, we still own our holdings?
Company will be sold. Company as an ASX listed company will cease to exist. You will own no shares. You will be given given $12.65 cash + $0.60 fully franked dividend for each of your shares. If approved- you will have no choice, but you will have the cash and dividend paid to you.
BAL Price at posting:
$12.82 Sentiment: Hold Disclosure: Not Held
