Teoh issued some shares at $12 to acquire iinet. He then put his cold hard earned after tax cash to buy more at $5.25.
Victor Li knows this and will try to get away with $9 for TPM, but will probably end up agreeing to $9.90-$10.30.
You will see the share price reflect this as it leaks. NOT in one day but over the coming months.
- Forums
- ASX - By Stock
- TPM
- Ann: Preliminary Discussions Regarding Merger with VHA
Ann: Preliminary Discussions Regarding Merger with VHA, page-54
- There are more pages in this discussion • 57 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)