It's certainly not the cleanest transaction, thats for sure. I wonder whether that's why the share price didn't climb higher. The post transaction NTA is $2.52, yet the price is only $2.08, with a high of $2.20. There is a circa 20% yield on offer.
Having said the above, they are taking all the right governance steps and we'll get an independent experts report.
It seem to good to be true.
It's certainly not the cleanest transaction, thats for sure. I...
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