price hike after close of takeover offer??

  1. 1,766 Posts.
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    HI all, does anybody know why ABX is trading at about 85c- 89c AFTER the takeover offer from harmony Gold of 75c has expired? I'd guess Harmony are buying, but how much more do they need to buy before this is all over....just wondering if this makes it currently a short-term play....
 
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