Ann: HOCHTIEF Intention to Make Revised Proportio, page-7

re: Ann: HOCHTIEF Intention to Make Revised P... Well at current prices its almost too good to be true.

Get them for a tad over 22.00.

Offer is 22.50 + a 60c divdend

Although not a full takeover, part of your shares are about 1.00 in the money.

If you think longer term LEI will be better than it is today, then what gives? Why hasn't the market pushed this closer to 22.50? I mean it went as high as 23.15 on Monday with a lower bid.