ADI 2.35% $3.05 apn industria reit

"Why ? - Company could buy a stake in EKA - or buy back & cancel...

  1. 9,634 Posts.
    lightbulb Created with Sketch. 241
    "Why ? - Company could buy a stake in EKA - or buy back & cancel some of its own shares. Win/Win all round."

    Any move to buy a stake in EKA would send the SP of EKA rocketing. Maybe a 1 for 1 share swap,,,,, maybe. EKA does have some shareholder loyalty, remember their directors saw fit to give their shareholders first bite of the cherry.
 
watchlist Created with Sketch. Add ADI (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.