Ann: WOT announces Recommended Offer from Mirvac , page-7

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  1. 2,459 Posts.
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    re: Ann: WOT announces Recommended Offer from... not really..if you look at the takeover offer the implied price is about 85c...remember the maximum you can take is 50% at the 86c price and the rest in Mirvac shares.....so effective price is about 85c or just under.

    essentially people are selling at the offer price not expecting another bid
 
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