The Directors have recommended accepting the offer of $0.37. Selling this morning at $0.375.
Is there another offer coming?
Also note that WAM have bought 10,000,000 at $0.3625 in the last 2 weeks. Do they suspect something or are they just going for a 2% profit in 2 months? A good rate for the cash component in their fund at the moment.
I sold this morning at $0.37 to get my money 2 months early.