IFN 0.00% 93.0¢ infigen energy

Ann: Iberdrola - Ninth supplementary bidder's statement, page-2

  1. 3,573 Posts.
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    I'm not sure why people are buying at 92.5c. Now that Iberdrola have 97% of IFN they are able to takeover the remaining shares by forced acquisition (they can do this after they reach 90% for those new to takeovers). Why wait several months to get a cheque in the mail for 92c per share?
 
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Currently unlisted public company.

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