An easy 15% ?????

  1. 593 Posts.
    Equity 1 have made an offer @ 6.7c for a minimium of 51% of ADR.
    Interest in ADR today with price rising 5.4% to 5.7 on a Vol of 1.338m. At close buy @ 5.5 sell @ 6
    Equity 1 already hold approx 10% of ADR
    This is a hostile bid and ADR have advised shareholders their response is coming.
    I hold ADR and will take my profit @ 6.7 unless bid is updated.
 
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