Nothing like keeping the takeover talk alive to support the share price
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Nothing like keeping the takeover talk alive to support the share price
I don't wish to be contradictory, but.... 'Percy' thinks Dentists are overpaid.... 'whatsup' states that "pulling a tooth @ $3.80 a time, 15 minutes work.." ( $15.20 an hour!!!!)
That was in line with I got charged last time at Lumino. About $300-odd. They made a 45 min appointment and did it in 20 mins. Still got charged the same!
https://www.nzx.com/announcements/341554
Intriguing stuff...
that AFR article mentioned "For now, it looks like First NZ Capital-advised BGH is in the box seat to take Abano in full. The fact it has been granted exclusivity by Abano, which is advised by Rothschild and Cameron Partners, is a strong indication BGH’s offer is at a substantial premium to Abano’s trading price and worthy of endorsement by the board."
Well, the get out of jail card has arrived ...at $5.70
Not as good as the offer of a few years ago but still a relief for most of us.
http://nzx-prod-s7fsd7f98s.s3-websit...086/311570.pdf
This the same board who fought a couple of years ago against a takeover offer of more than $10 per share?
Not sure whether they will end up in the books as the most delusional board in NZ history (might be a draw with STU ..), but the directors clearly belong on the "never again" list ...
How likely is this deal going to go through?