RHG has been a great trade this year, yet has gone to sleep since Cadence withdrew their bid in October. The scheme meeting to vote on the remaining bid (AMAC) was held today which predictably was overwhelmingly voted in favour of.
This means that eligible RHG shareholders will be paid 50.1c cash ~ 8 January.
Would love to have more trades like this.
Kristian
Disclosure: own RHG
Please get in touch! I am always on the lookout for interesting stock ideas, with a particular emphasis on deep-value, growth companies run by outstanding management and arbitrage opportunities.
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