RE: Institutions30 Apr 2025 06:00
@mike, Morgan Stanley have risen their stake 2x in a matter of days by another 2%, now sitting at 12%, the offer price has been known for many months, if they were thinking of trying to block the vote you would have thought they would have bought at the lower prices. This incremental buying just before the deadline points towards it being a done deal imo, it's free money to these iis even if it's just a penny or two with minimal risk. I think for those who have sold out or are hoping for a better offer it's now just wishful thinking, the tr1s by MS tell us they know something we don't, this is my opinion and how I'm reading it and of course I might be wrong.