Something is brewing here........simple maths indicates that should go up at least another 5 pips if SPI remains at around 11 cts till the merger.... if it goes up to 13 cts we could see AQQ go up to 4.3 cts or thereabouts ? But hey you never know........as long as the promised 1 for 3 stands and SPI price does not tank, the proposition looks good for a quick trade and even better if you decide to stay for medium to long
term taking into account the synergies that would form with merger.
AQQ Price at posting:
3.2¢ Sentiment: Hold Disclosure: Held
