re: bailing out...getting smashed
It is obvious. AND does not have another suitor.
Either sell AND on the market or accept the KCN bid.
I agree. The KCN share price has recently been under severe pressure. Not good for short term traders.
But those who take a longer term perspective are not worried.
I will be surprised if KCN Management are now not actively doing everything they can to get their share price up by convincing potential investors etc. how undervalued KCN is.
KCN has recovered 2.6% today.
AND Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held