ADI 2.35% $3.05 apn industria reit

I don't read it as a failure / the bid is 40c so naturally the...

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    I don't read it as a failure / the bid is 40c so naturally the market antisipates a higher offer along the way as well as the hype of a taker over and thus we see prices of 41-42c / as long as the market feels the valuation is low ball the the SP will remain above the bid unless a large holder sells down
 
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Currently unlisted public company.

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