AOE 0.00% $4.68 arrow energy limited

Free will ,how could you say not an issue ?The SP of AOE was...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 5,436 Posts.
    Free will ,how could you say not an issue ?

    The SP of AOE was well over $5.00 at time of ann.
    Cash offer =$4.70 plus dart share ???.50
    It was fair to presume 1 fr 1
    some ppl figured out that if one Dart share would be worth ,say 50 cents .Then it was worth holding the shares for 3 months to participate.That is $4.70 cash and .50 worth of dart share
    If we aregoing to get only 1 dart for 2 AOE .Then the the difference is halved = 25 cents . Equivalent to $4.95 total.(subtract the holding fee for 3months =ess another 12c )
    However, If the new Dart share is offered at $1.00 instead of the anticipated 50 cents .Then it is not so bad .
    Again nothing to be over excited with the offer .
    Like to hear other interpretation on the offer .
    Who determines the price for DART ?
    imho
 
watchlist Created with Sketch. Add AOE (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.