The way the announcement reads is, Offer is below NTA... so shareholders need to prepare themselves and the “independent board” needs to have a great excuse to instruct us shareholders to accept the offer...
1year all there announcements had words to the effect a premium to NTA was expected. Two rate cuts later, bottoming of the real estate market, tame aged care royal commission and offshore funds looking at large transactions in this space only give a bullish backdrop....
AOG Price at posting:
$1.94 Sentiment: Buy Disclosure: Held
