AZS 0.00% $3.69 azure minerals limited

Likelihood of offer price increasing?, page-8

  1. 2,737 Posts.
    lightbulb Created with Sketch. 507
    Have a look at past history.

    The moment Takeover ends with no majority, the share price will drop to pre bid levels, much like LTR.

    Some targeted compaines share price do stay strong in anticipation of further bids but AZS is untouchable with 3 stake holders, eliminating any immediate post bid.

    If there is higher bid action to come, the way SQM structured the dual sceme + takeover, the higher offer must happen before SQM Takeover offer ends.

    Why the moment SQM offer ends without higher bid, all holders who indicated they will acecpt have contracually done so. Meaning any other interested party now have a bigger SQM holding to deal with.

    DYOR in all failed TO the price of shares goes back down to prebid levels.

    The best game strategy would be sell at the last minute, hopefully you get cgt discount, wait for a month or two than than buy back in at prebid levels.

    Thats what I did with LTR.





    Last edited by ipv6ready: 31/10/23
 
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