IIN TPM

Ann: TPG to Acquire iiNet in a Recommended Transaction, page-24

  1. Pier5215
    231 Posts.
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    13/03/15
    11:35
    Post #: 14908362
    I've just sold TPM after an unexpectedly large increase following the announcement, amazed it's gone as high as it has this morning given the premium it paid and the new debt. The acquirer often dips on an announcement like this, I can't understand the magnitude of the TPM increase unless I'm missing something. I'll obviously still hold IIN
    TPM Price at posting: $9.11 Sentiment: Sell Disclosure: Held
    IIN Price at posting: $8.67 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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