RE: Offers, Re-rate, suspension9 Nov 2020 09:32
To guess how the share will react is speculation, looking at previous tho if its an outright buy it will be rerated to under 5% of the bid
However theres every chance it will be more complex, perhaps involving dividends, only selling assets, maybe even shares in a company given at a reduced rate all of which become increasingly hard to work out a true value.
A good instance of this is attis oil since offer its fluctuated massively as people struggle to value it.