SBM 2.44% 21.0¢ st barbara limited

there we have it. cah is the target, page-23

  1. 1,639 Posts.
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    re: "The share price has dropped 20% in-line with the CAH anouncement which is the amount to be diluted if the deal goes ahead."

    Surely there is supposed more value in the purchase/merger or why would you buy the company in the first place...sorry...merge with? If you argue that the dilution and fall in share price is acceptable,then I have to disagree, mergers etc should create value,not destroy it!
 
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