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clock Created with Sketch. 02/03/18
13:38
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Originally posted by Ece411
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I can only speculate that a lack of information and confidence in management has meant that some traders will simply not rush a buy at 5c and sell at the 5.75c offer. I would also doublecheck the fine print of the takeover offer - was there a cut off date? Anyway, more experienced types than me might have sorted this out, and I know a few here who like this trade, but there are very few buyers at this level because there is no strong confidence that the 5.75c offer price is guaranteed IMHO.
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I sold at 5.2
