risk41, I suggest shareholders send an email to ABY management, putting your thoughts into words. A little extra pressure on ABY Directors at this stage wouldn't hurt. I doubt whether many ABY shareholders would be in profit at this level. Obviously some short term small traders might be, but no long term large holders would be in profit.
The fact is ABY management are pathetic and thats why MLX management is using this as a carrot to get our shares.
I'm guessing ABY is trading at a discount to the offer as nobody believes that Hindalco Industries would give the company away at this price and that ABY will just remain as it is.
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Ann: Shareholders advised to take no action on Takeover Offer, page-14
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