Q: I was just wandering with this company having a take over price close to its share price, if let’s say the market goes down 15-20 % would this company have a cushion so to speak because of their impending offer or would it get hammered like other stocks ..just curious..thanks
5i Research Answer:
No takeover is 'done' until the cheque clears. But here, there is a 1.65% gain still to be made...