Interesting to read that there is overwhelming support for the deal. I am strongly in the camp which thinks the deal is not in the best interest of shareholders.
Realise the value and distribute the cash. I was interested to look at Galilee Energy when they sold there NZ coal assets did not give rise to a tax liability in Australia. It would be interesting to know if a similar situation applied in the event AMU were to sell their US assets.
AMU Price at posting:
20.5¢ Sentiment: Hold Disclosure: Held