they do have to wait until the offer is closed, ie. 9th July before they can put plans to work.
Regarding CGT, I will have to be paying the whole CGT for most of my shares, late August early Sep for me. However, I have made a good profit and although I am furious as the potential of this company is far greater then this measly 42c, I feel more for the longer term holders who bought in at above this 42c which would have easily made there money back, they are the ones who have been done injustice here.
ADI Price at posting:
42.0¢ Sentiment: Sell Disclosure: Held