Ann: Letter to Shareholders , page-4

  1. 1,579 Posts.
    lightbulb Created with Sketch. 10
    Come on guys.

    We all know there will be heavy selling of APA scrip received by the arb players if APA's takeover succeeds. I'd expect it to trend back to $6.20 - $6.40 if they were to win.

    The $1.32 CKI cash is much more attractive to the bulk of investors so time to lift the bid APA.
 
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