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Regular Contributor
Who would have predicted that the share price would have fallen below the rights issue price of R52, especially the rights being oversubscribed.
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Super Contributor
Scared they're putting in a bid for ABL :)
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Not applicable
nope - they still have to list their EU operations - and there is an expected dilution effect. The catalyst though, is that they have a helluva lot of property on their books evaluated at a significant discount. Some analysts think this will be unlocked. I am a big fan of this company.
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