GIR 0.00% $5.43 giralia resources nl

If the offer is at $4.56 why is it trading under, at $4.18? I...

  1. 412 Posts.
    If the offer is at $4.56 why is it trading under, at $4.18?

    I can understand if it traded over $4.56 in anticipation of a higher offer, but why under?
 
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