Hi all,
Just wondering about the buyout by Evolution. Now that PXG has also backed the takeover offer and has urged shareholders to Accept the offer, what will happen if I do not Accept the offer.
Would I lose all my money and the PXG shares once the offer date has passed?
Also would PXG still exist after the takeover and continue trading under the same name and if so, is there a chance that the share price will go up?
If I am forced to sell my shares after EVN has 90% of the company shares and the date of offer has passed, do they pay me at the current trading rate or the same rate plus EVN shares as mentioned in the offer?
Any advice is appreciated.
PXG Price at posting:
14.3¢ Sentiment: None Disclosure: Held
