Just when I was very confident in SAR management, this happens. SAR is very undervalued in this 'merger'..... I am quite disappointed. SAR has just spent the last 5-6 years pouring huge amounts of capital into their business, and now NST shareholders benefit????? SAR were about to announce their first dividend in the next 6 months.
@nordesmic - would love to hear your thoughts on this.
I do realise that the merged entity will likely trade at an even greater premium, perhaps closer to NCM, yet... I just feel SAR was about to boom, growth wise, and this just seems to say, that maybe that was not the case...
Changed my sentiment to hold.
SAR Price at posting:
$5.22 Sentiment: Hold Disclosure: Held
