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if its withdrawn then you are probably better off. so there are...

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Paccman

465 Posts.

143

14/07/21

10:17

Post #: 54487273
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Originally posted by Sotera36: ↑

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 Is it because the offer could be withdrawn?

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if its withdrawn then you are probably better off. so there are few reasons if any to sell at 93 cents.

YFZ Price at posting: 91.3¢ Sentiment: Buy Disclosure: Held
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