HDF 0.00% $2.85 apa sub group

apa takeover proposal, page-4

  1. LZA
    1,858 Posts.
    clearly market is factoring a higher offer.
    APA will probably take their time, see how many acceptances and then after consulting make a higher offer.
    Problem is that it may take quite a few months to unfold, and punter get sick of waiting.
    my guess would be $2.20 - who would be a taker?
 
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