I had assumed that this was a done deal given the share price and the exit of many instos and the entry of the hedge funds playing the few cent arbitrage.
However, I just received a call on behalf of Valad to ask whether I had reviewed the material and decided on my voting intention. I'm certainly not a material holder (25k shares in the account they were calling about).
Anyone else receive a call?
I thought it would have been the acquirer making the call?
Why is the company spending shareholder funds on this exercise?
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is this a done deal?
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