GCL 0.00% $3.54 gloucester coal ltd

re: Ann: Shareholders approve Merger Proposal... The merger...

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  1. 205 Posts.
    re: Ann: Shareholders approve Merger Proposal... The merger seems to be progressing well. Howeve, the SP is still below the level prior to the take-over bid. I understand that it's not a done deal yet, but the significant price gap really baffles me. Anyone can shed some light?
 
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