Trying to get my head around this takeover. I wish to increase my holding of TRY and it seems that the best move at this point in time is to buy AZH shares and wait for the takeover to happen. At 5.695 AZH shares for 1 TRY share then at the TRY price of $2.135 the equivalent AZH price is $0.375 so it appears better to buy AZH at $0.35 or better.
Perhaps somebody could enlighten me as to whether this is a reasonable way to go or are there other risks that I may have overlooked.
I welcome any views.
Cheers
AZH Price at posting:
35.0¢ Sentiment: ST Buy Disclosure: Not Held
