"So are you saying share holders with excess of 5000 shares would receive $88 for the first 5000 shares then $78 for the remainder in this current offer."
Yes.
(Although you forgot about the additional 0.22 Ramsay Sante shares that will accompany the $78 cash payment for each share above 5,000 shares).
Pretty unambiguous:
Ann: Update on Non-Binding Indicative Proposal, page-44
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$42.54 |
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Mkt cap ! $9.794B | |||
| Open | High | Low | Value | Volume |
| $41.53 | $42.77 | $41.37 | $29.04M | 684.9K |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2380 | $42.52 |
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| Price($) | Vol. | No. |
|---|---|---|
| $42.73 | 509 | 2 |
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