i guess thats the point, why is AEJ trading at 9.8 - 9.9 when...

i guess thats the point, why is AEJ trading at 9.8 - 9.9 when the 'offer' of a near certainty 10 cents is by all accounts off the table, as i see no why they will get 75% vote. Therefore the mor likely scenario is the 50% bay or may not be breached.

Assuming the 50% is passed then you 'MAY' get 10 cents some time in the middle of the year. Emphasis on the MAY.

Assuming the NO vote gets up then there will in all likely hood (if not before) be a revised offer.

So all things being equal they should not be trading at 9.8 - 9.9, this in its self tells me that the 'market' thinks there will be a revised offer, its all risky though! But watch this space in the next 2 weeks!