why would a T/O be at $2 if the NTA is like $3.70, if a company has NTA (book value) of $3.70 and there is a T/O offer, it must be at the NTA right?
why would AOG sell itself for so far below its break up book value of $3.70 is beyond me.
There is nothing company specific wrong with AOG is there?
there is just bad press around the aged care industry, that's all, its not AOG specific.
Ann: AOG Buy Back and cancellation of AOG securities, page-15
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