I know it has been speculated that NCM might make a scrip bid for LGL.
Currently NCM is down over 1.3% while LGL is up over 3.2%.
Quite odd.
I wonder if today's share price movements indicates there might be some truth to the takeover/merger speculation?
Probably not. Probably just their respective share prices moving out of whack today.
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I know it has been speculated that NCM might make a scrip bid...
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