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rookstar

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27/09/23

14:16

Post #: 70053338
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Originally posted by h00ts ↑

Initially it was trading like the market wasn't expecting a higher bid as is often the case with Scheme of arrangements look back on on how KDR traded after the WES offer . Gina buying is obviously because Gina sees big $$$$$ in it .

Its almost impossible to know what her intentions are and that uncertainty has seen the share price now fall back below the SOA muted bid of $3 - the big block trade after close yesterday below the offer price would also indicate to me that the seller of that large parcel is happy to bank the profit now rather than wait to see how it all plays out.

Cheers Ian

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