The bid is around $5.00 ... because on top of the $4.45 offer AOE shareholders will benefit by around 55 cents+ per share with the deal on AOEI (International ops) .. according to most analysts and cemmentators. So its not a hefty premium on market .. its NO premium and it won't be until details arfe spelled out and AOE responds ... hopefully saying they reject the offer as way too low and are preparing a target statement.
H
AOE Price at posting:
$5.04 Sentiment: Hold Disclosure: Held