andean directors would be hard pressed to tell andean shareholders that the bid undervalues andean. when the underlying support provided by the bid, is taken away, then andean shares will no doubt fall. on the surface, it would appear that kcn should comfortably get the 25%. andean shares have persistently traded at a slight discount to the value of the bid, but this seems to have balooned out a bit today. andean is now trading at a 15% discount to the implied value of the bid
AND Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held