STP:ASX - Sterihealth

[randomep]

 

hi folks,

 

Wonder if anyone owns this (or has even heard of it). It is a $20M microcap. I wrote about it after my purchase:

 

http://bovinebear.blogspot.ca/2014/01/arbitrage-with-sterihealth-and.html

[randomep]

 

Well! This stock just jumped 30% today on 30x volume, no news no earnings release, nothing on message boards (well it is afterall a 30mil company).... anyone got a clue? any advice help appreciated!

[augustabound]

 

Well! This stock just jumped 30% today on 30x volume, no news no earnings release, nothing on message boards (well it is afterall a 30mil company).... anyone got a clue? any advice help appreciated!

 

Their majority shareholder is buying them out.

http://www.news.com.au/finance/business/sterihealth-agrees-to-takeover/story-e6frfkur-1226866625907

[randomep]

 

Well! This stock just jumped 30% today on 30x volume, no news no earnings release, nothing on message boards (well it is afterall a 30mil company).... anyone got a clue? any advice help appreciated!

 

Their majority shareholder is buying them out.

http://www.news.com.au/finance/business/sterihealth-agrees-to-takeover/story-e6frfkur-1226866625907

 

Yup thanks, although I don't think it was online when the stock popped. Which makes me wonder how did all those traders found out about it?

 

Anyway 35% or so seems like a small premium..... but I guess as a minority shareholder I just gotta take it....