IAP irongate group
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By my count, the offer, including the entitlement to the period...

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    214 Posts.
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    22/02/22
    16:22
    Post #: 59738133
    By my count, the offer, including the entitlement to the period ending March maximum dividend of 4.67 cents, the deal is currently worth $1.9467 per share. IAP shares are now trading at $1.78, implying a return of 9.4%. If the APD takeover is anything to go by, this deal will take 3 months to execute, so a nearly guaranteed 9.4% return in 2.5 months is impressive.

    From memory, when the APD deal was in process, the shares usually traded at around a 2% to 3% discount to the offer price: not much in it.

    What are some IAP share holders seeing as a risk to this deal?

    IAP Price at posting: $1.78 Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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