The problem is that the rumours have been doing the rounds for 2-3 years.
QUOTE.
Origin's 51.4% holding and two previous failed attempts at a takeover form a pretty solid basis for these rumours. Or at least, that's how the market sees it.
;)
Printable View
The problem is that the rumours have been doing the rounds for 2-3 years.
QUOTE.
Origin's 51.4% holding and two previous failed attempts at a takeover form a pretty solid basis for these rumours. Or at least, that's how the market sees it.
;)
someone with balls is going to make money here soon.....me thinks that Origin cannot believe their luck......another company gone...gee what would it take to build again what CEN has ......2...3...4....billion.
Anyone looked at the balance sheet lately?
CEN has not dropped its share price as much as mooted, With a bad statement of profit
drop along with all the water still rising and the price HOLDS.. ??
...whats all this about....on reasonable volume to...cant be the div....safe haven perhaps....its got me b.......ed.
This share has got little downside but massive upside-could easily be trading again in the $8 to $10 range within 18 months -if not on cash generation from its existing and new assets could be on takeover speculation .
I bought back into it heavily recently ( had to sell last year to convert nzo options )so am likely biased-but as they say do your own research and estimate where cen finances will likely be in 2 years time
I believe the downtrend may have been broken however my charting program is not up to date. Anyone got a decent chart for us?
I suggest people get in at $6.10 today.