Or $6.10 to $6.65 and a special dividend is announced in addition to the takeover price returning the takeover to being within the valuation range. This of course assumes a $6 takeover. Here's hoping for a 30% not 20% uplift and $6.50.
I think $6.50 would be the minimum accepted for a takeover given the very solid growth in SP over the last 5 years
Just be thinking about that and agree. Still rating this BBB. (Beagle busy buying) and have been active this morning and this afternoon doing exactly that. By no means has a major in play premium in it YET, in my opinion.
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
We need to get the share price up to at least $5.50 so the Chinese feel compelled to offer at least 7 bucks
Doing my bit and buying more at the moment ...c’mon on guys do the same.
+1 Couldn't agree more. We should force them to pay at least $7 for this well bred pup.
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
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