IFN infragreen group limited

Ann: Bidder's Statement, page-2

  1. 295 Posts.
    lightbulb Created with Sketch. 30
    IMO - it is an insincere offer.

    Fancy picking the closing price on 23 March 2020 for comparative purposes, that has no relevance to the offer price i.e. not 7 days/1 month/3 month from the date fo the offer document) - just pick the lowest closing price during a period of market shock.

    Section 5 and 6 outline the risk of longer term holding, but the price is not reflective of the potential reward of longer term holding.

    I'm pragmatic on my holding. I'll sell for a fair price, but at $0.80, UAC can bite me.
 
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