CWN 0.25% $12.09 crown resorts limited

JP paid $12 in early November. Usually, if one pays more in a...

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    JP paid $12 in early November. Usually, if one pays more in a takeover within a 6  month period from when you last bought, you would have to pay the difference to the previous selling parties.  I think this is why the market is stuck on $12 at the moment, but I also think the market is wrong because, I suspect that if he does privatise, he will not be doing the buying but rather, putting his 53% into the pot as part of the bargain (being a controlling stake the bid for the balance could be unconditional) and the balance would be bid for by a partner or two to avoid any such issues....
 
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