CTP 3.92% 5.3¢ central petroleum limited

Ann: Trading Halt, page-80

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  1. 2,229 Posts.
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    Bad timing SL. 20c won't get a look in. If you use AJQ as an example the initial takeover premium was 94% but ended up at roughly 200% from memory.

    Any serious buyer will be prepared to go much, much higher than 20c otherwise they are just wasting their time and money.
 
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