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It takes maybe up to 6 months or more to finalize everything. So there is time cost. Second, some ppl bought using margin, and the margin interest > 4% difference between 2.54 to 2.64
Unlike genm, the consortium led by Quadria has secured about 73% of shares, so i think they are not eager to sapu from market. Genm has only crossed 50% last week (the % to enable the offer to become unconditional)
