Thanks for the input. I’m not very savvy with takeovers. I do hold BLD but now that the dividend is on the 17/4, I may just buy some more, depending on their price on Monday.
What I don’t understand is the offer made by SGH is 0.116 of SGH shares + 1.70 in cash + 0.26 cents dividend which is a total of 6.61. Why is the BLD share price still sitting at 6.12, which is way under the offer they’ve made.
Am I getting this right?
BLD Price at posting:
$6.12 Sentiment: None Disclosure: Held
