LST lion selection limited
Add to My Watchlist 0.00% ! $1.93

irn takeover offer values lst at 2.72 or 2.94

  1. sean7905
    489 Posts.
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    15/05/08
    23:06
    Post #: 3721125
    wow!

    well IRN are offerring 2.5 (base case) or 2.7 (if certain requirements are met) of their shares for every 1x LST share.....

    close of today IRN is $1.09 x 2.5 = $2.725 (base case)
    close of today IRN is $1.09 x 2.7 = $2.943

    this should be good when the trading halt comes off... LST last traded at $1.655...... looking at a big leg up... any reason why LST shouldn't see at least $2.50 tomorrow?
    LST Price at posting: 0.0¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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