Looks like the Aussies cant wait to give AZX away. GGG now at 38p, which values their bid at 81.4c for AZX. GGG listing in 3 weeks, this arb cant last. Combined cash post GGG listing and takeover is about $20m. This should be trading higher.
AZX Price at posting:
66.1¢ Sentiment: Buy Disclosure: Held