LGD 0.00% 30.0¢ legend corporation limited

Adamemtem will get an extremely good deal but only if the...

  1. 13 Posts.
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    Adamemtem will get an extremely good deal but only if the requisite majorities of shares & shareholders approve it. It requires a >75% of votes and >50% of holders to approve. There is zero control premium and an EV / EBITDA ratio of 6.4 to 6.5 is very low by comparison with other successful schemes of arrangement. Shareholders are definitely being low-balled. Let them increase their offer, I say.
 
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Currently unlisted public company.

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