Page 23: "If the Scheme were not to proceed, there is a risk that the price of Symbio Shares would fall in the short-term, and there is
no certainty that it will trade back to these prices."
What is the probability of this risk? Is it any greater than normal, and if so, why?
I don't understand, what incentive do retail shareholders have to agree to the sale at up to say $3.16 compared to just selling on market at nearly this price today at $2.96. This is less than a 7% "gain" from today, and doesn't factor in the brokerage cost of having to reinvest in another investment of choice. There are references of "significant" value gain compared to historical 1 month VWAP levels, but they are irrelevant if we can sell today on-market at $2.96.
Did the stock price of SYM increase since this scheme announcement BECAUSE of the scheme announcement, or because of ongoing improvements to the business and gains that are being realised?
What is the board and their 23% ownership not disclosing, or have disclosed but I missed it, about why they so badly want us to sell to Aussie Broadband?
Page 23: "If the Scheme were not to proceed, there is a risk...
Add to My Watchlist
What is My Watchlist?