YFZ
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0.00% 92.5¢ youfoodz holdings limited

Can someone explain the rationale of selling today:- if no...

  1. Aviza2913
    964 Posts.
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    13/07/21
    15:49
    Post #: 54471708
    Can someone explain the rationale of selling today:

    - if no counter offer, then this is very likely to be voted yes at the next AGM, then you get your 93c per share
    - if counter offer comes along, then you get better value by holding.

    So why do people sell at 90.5c per share? What is the risk to holding? Is it because the offer could be withdrawn?

    Last edited by Aviza2913: 13/07/21
    YFZ Price at posting: 90.5¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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