AWE 0.00% 94.0¢ awe limited

"this whole arrangement smells" MIN SP closing in on what would...

  1. 1,322 Posts.
    lightbulb Created with Sketch. 364
    "this whole arrangement smells"

    MIN SP closing in on what would have represented $1 ps for AWE shareholders under MIN's original bid.

    Magic number is $22.325

    MIN high today $22.14 (= 99.2c ps)

    Making a mockery of the AWE Board's recommendation of MIN's revised 'inferior' bid.

    As well as being more in line with analyst expectations, $1 ps bid from CERCG/ another suitor (e.g. BPT, STO) would throw eggs in the faces of both the AWE and MIN boards.

    DYOR
    Last edited by Guerilla: 05/01/18
 
watchlist Created with Sketch. Add AWE (ASX) to my watchlist

Currently unlisted public company.

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