What are the chances that BCI won't reach the 90% minimum acceptance level? Or is it a given that the takeover will now proceed?
Personally I think the takeover will be good for the long-term success of BCI (even if the purchase price seems a bit steep). However there seems to be such negative sentiment around concerning the deal, I imagine the shareprice would rebound considerably if the deal was not to proceed.
Thoughts?
IOH Price at posting:
78.0¢ Sentiment: Buy Disclosure: Not Held
BCI Price at posting:
$1.62 Sentiment: Buy Disclosure: Held