TRS the reject shop limited

Ann: Intention to Make Takeover Bid, page-124

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    If someone wanted to compete they could accumulate  shares just above 2.70 .

    They would only have to show their hand if they became a substantial holder .

    They could repeat if the bid was raised .

    The on market bid puts a floor in the market .


    Seems a bit low to me but time will tell .

 
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