Congrats to all you BAL holders. A takeover is always a fantastic way to go out.
Rightly or wrongly, management decided that this is the best value for shareholders & hence voted to accept it.
From their perspective, they're damned if they do & damned if they dont... i.e. Say the SP kept languishing where it was and / or even drifted lower - you guys would call for their heads.
Today is a good day.
I only had a tiny position which I sold & switched to BUB because I wanted to maintain the milk / IF exposure and Jack Ma of Alibaba owns 15% of BUB - so maybe lightning will strike twice if i'm lucky
You should all be wrapped with today's takeover. Very nice premium & its also 'clean'.
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