Thanks Auto for the summary.
I had thought the deal was ok initially, but I also now agree that Roc got the raw end of the deal.
I suspect that Roc/Hzn knew that - hence no vote allowed from Roc shareholders even though we are the ones being taken over!
Only three options:
- sell Roc now
- wait and see. There should be a little bounce if the 'merger' goes through based on the current Hzn share price.
- fight the deal. Not sure what Allan Gray is up to atm, but I will be emailing the Roc chairman as we have been invited to do.
- Forums
- ASX - By Stock
- cracking deal lol
Thanks Auto for the summary.I had thought the deal was ok...
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