correct the money to cover would be the same as the takeover SP, so would not make a difference in the case of a predatory takeover....but unlikely that’s what going on. Not sure even about the legality of such an approach.
It’s most likely a hedge to mitigate market risk as part of a long/short equity approach.
correct the money to cover would be the same as the takeover SP,...
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Mkt cap ! $404.2M | |||
| Open | High | Low | Value | Volume |
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Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 17059 | 6.0¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 5.4¢ | 100000 | 1 |
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