End Game?22 Aug 2017 10:26
Reports from Avingtrans and Hayward Tyler Group meeting say all resolutions carried by requisite majorities. Avingtrans share price has recovered to the level 238p when the offer was first made, but Hayward Tyler Group share price aat 47p still lags a bit. Seemingly only the Court to satisfy now for the merger to proceed.
Where next?For holders inclined to remain shares will hopefully be more marketable and while there ought to be scope for some further modest progress versus the market in this financial year it may be necessary to wait until the next financial year for a better rating.