Q: Hello,
In March, ICL was offering 0.50 per share to buy out Allana Potash. Now, the market is trading between 0.485-0.49 a share. I am wondering how firm is the deal?
Should I invest my money in it? I estimate the profit is around 3% for a period of 3 months. If you think this is a secure investment, I am considering buying some shares.
Thanks in advance for your response.
In March, ICL was offering 0.50 per share to buy out Allana Potash. Now, the market is trading between 0.485-0.49 a share. I am wondering how firm is the deal?
Should I invest my money in it? I estimate the profit is around 3% for a period of 3 months. If you think this is a secure investment, I am considering buying some shares.
Thanks in advance for your response.