CEH 0.00% 50.5¢ coast entertainment holdings limited

I dont get it

  1. 35 Posts.
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    This evening i received a call from ALG rep in regards to the the takeover/acquisition of its counterparts.

    They said if it were to proceed, the shares would be paid out a 95c. Arnt we better off selling now at $1.29?

    What am i missing here?
 
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