I have 200000 SNN shares and no way will I be selling at current...

I have 200000 SNN shares and no way will I be selling at current prices. The takeover offer is for 4.5 CMO plus approx 2.3 cents per share cash. So with CMO currently at 2.9 cents, this values SNN at 4.5 * 2.9 = 13.05 cents, plus the 2.3 cents per share cash = 15.35 cents.

I will be hanging onto my shares and taking the takeover offer unless the market price goes up to at least 14.5 cents.

If I had any spare cash I'd be in the buy queue for more at 12c and probably up the bid to 12.5c if they started moving up.

cheers
toscanunan