PYG 0.00% 99.0¢ paygroup limited

i have another question, so as OCT approaches PYG should be...

  1. 10,218 Posts.
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    i have another question, so as OCT approaches PYG should be trading closer to $1, so by say end of SEP it should be 98c or so right?

    What if the stock market crashes in the next 3 months, like a 30%+ drop in the DOW, could the deal be off because of a market crash?
    could they decide that $1 is too much and offer only say 80c if we get a massive crash in the next 3mths?

    How likely is it another suitor will try and trump this offer, as i too feel this is very low, considering the compounded returns PYG will be generating in the years to come with more and more clients, this could have been a $5 stock in a few yrs, so could another suitor offer a higher bid, when would we know this? if it was going to happen would it be in the next few days? or could a superior offer come in say another 1mths time?

    cheers guys, im so glad i didnt sell this one after buying at 45c and watching it drop to below 40c, im so glad this strategy of buy and hold worked out this time.
 
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