up nearly 10c in 3 weeks.noticed been slowly trending up on no...

up nearly 10c in 3 weeks.
noticed been slowly trending up on no news other than extension of offer so tarding in ALS a bit suss imo.

current offer appears nothing more than an extra 5c because the 18c franking credits based on condition ALS paying out
42c in divi is highly unlikely

from the gettgo this takeover offer by DLX has been mostly highly conditional.

perhaps if they offered the cash within 7 business days acceptances might be more forthcoming rather than having to wait at least 21 or a scrip for scrip deal it might have more chance of getting up.

dont see the extra 5c sweettner make stakeholders rush for the exit doors to collect the cash.