CAH 0.00% $1.71 catalpa resources limited

why below offer?, page-2

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  1. 38 Posts.
    It's only 6.7% below the offer - the beauty of a (part) scrip offer - the scrip being offered always suffer as a result of taking on more debt. We seriously need to get a better deal for CAH than this! Looks like management is onto it though, I can see this heading higher next week.
 
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