M & C Hotels (MCK NZ): City Dev Blinks & Bumps

402 Views23 Apr 2025 08:43
The IA has good intentions; but its fair value range is optimistic.  If small, illiquid arbs are your bent - and not already in - look to enter on any weakness. This should trade tight to terms.
What is covered in the Full Insight:
  • Introduction to MCK Offer
  • Independent Advisor's Assessment
  • Revised Offer Details
  • Financial Performance of MCK
  • Conclusion and Trade Considerations
Boomeranged on Mon, 28 Apr 2025 13:54
As this Offer heads towards the technical pointy end, I and some readers had some questions, especially on the likelihood of suspension at the close of the Offer. Following feedback from MCK, my initial read on this was incorrect. More in "Discussions" below.
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