PWT powertel limited

With Roslyndale takeover offering 2.42c and TVG takeover...

  1. 3,439 Posts.
    With Roslyndale takeover offering 2.42c and TVG takeover offering 3c a share, how come the shares are trading at 9c on market??

    That would indicate a strong desire to grab shares at 9c to take advantage of a 3c per share offer, followed by a rights issue dilution?? What's holding it up?
 
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