SKE skilled group limited
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Deja, Be careful with the maths with this situation. For...

  1. madamswer
    17,735 Posts.
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    17/07/15
    13:10
    Post #: 15651493
    Deja,

    Be careful with the maths with this situation.

    For starters, PRG has in the interim gone ex-dividend to the tune of 11.5c and then there is also the matter of the merger ratio which means that each 1c fall in PRG equates to just a 0.5c fall in SKE's price, of you want to talk in like-for-like terms.

    but yes, the discount of SKE's price compared to see-through merger valuation has indeed closed ... to about 3% currently, from about 6% just after the agreed merger terms were announced.
    SKE Price at posting: $1.54 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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