ANS
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0.00% 1.7¢ austsino resources group limited

Ann: Proposed $100m Placement & Strategic Investment in Sundance, page-56

  1. serena
    10,370 Posts.
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    08/10/18
    19:43
    Post #: 36041245
    Dear Taboon,

    Based on the research, the acquirer' share price may go down. In contrast, the target company's share price will go up. It is not a surprise that WAPRC is only willing to pay for ANS's shares at $0.013 instead of $0.017 i.e. below its market price. Two horses (ANS and SDL) are racing. Which horse will run faster after the trading resumed?
    ANS Price at posting: 1.7¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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