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17.5¢ sierra rutile holdings limited

I think some one else said Good low risk place to park some...

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hotrocker

227 Posts.

1

15/02/18

16:50

Post #: 31084678
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Originally posted by loki78 ↑

I feel like i'm missing something and need a bit of understanding. I have a small parcel of SRX shares which i am still holding since the mid teens. I don't understand why there is still a strong buy indication at current price of $27.75, why would people want to buy shares at this price if the takeover offer is $28 ? The gain (assuming it goes through is less than 1% on their investment), are people believing there could be a potential higher offer as the takeover is only going to happen (if it does) in May. What am i missing ? Thanks

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I think some one else said Good low risk place to park some money with a free option of a higher offer.Lets hope .

SRX Price at posting: $27.76 Sentiment: Buy Disclosure: Held
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0 Great analysis

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