OPC
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0.00% $6.71 opticomm ltd

Takeover Offer by Uniti Wireless (UWL), page-6

  1. nooneimportant
    371 Posts.
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    15/06/20
    11:45
    Post #: 45223886

    $5.10 (or 3.422 UWL shares @$1.54 last close = $5.27) plus a 10c fully franked special dividend.

    From the release:

    "The OptiComm directors unanimously recommend that OptiComm shareholders vote in favour of the Scheme and will vote their interests in favour of the Scheme"

    Uniti are being very opportunistic. I can't imagine why OPC directors are enthusiastic about this offer.

    OPC Price at posting: $5.24 Sentiment: Hold Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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