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Ann: PRG: Proposed merger of equals with Skilled Group, page-11

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TerribleTadpole

1,908 Posts.

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29/12/14

16:51

Post #: 14515476
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Originally posted by MikeMennell ↑

Got stopped-out at 1.45. Paid 1.145 so not complaining but SP could be heading back to 1.55 territory. Being 9 time zones away makes it hard to get timing right. But SKE below 1.15 was seriously undervalued. Clearly driven right down before this bid appeared. Doubt board will accept the offer as it stands.

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I agree. I would read the current close as effectively killing the current proposal. Programmed will have to either let it drop or improve their offer.

I thought Skilled was underweight at $2.20! I topped up at $1.15 and still holding those, so I'm happy.

PRG Price at posting: $2.58 Sentiment: None Disclosure: Not Held

SKE Price at posting: $1.53 Sentiment: Hold Disclosure: Held
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0 Great analysis

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