MET - Metlifecare - one for the fundies?

[couta1]

Well couta....trading halt....u said u doubted about it?

Doubted we would know for sure before Christmas and that's still the case.

[Beagle]

Looks like were in the money winner, no need to back dog horses over the holiday period, Beagle has earned himself a few more free ski lessons and a trip to the bar of his choice in Queenstown.

Friend of mine once said, there's no need to bark when you've got a good dog Merry Christmas folks, I am glad a few of my mates joined in the rabbit hunt and proud to lead the hunt on this one. The barking was fierce and justified https://www.youtube.com/watch?v=pjz73dv9EEI

[carrom74]

Looks like were in the money winner, no need to back dog horses over the holiday period, Beagle has earned himself a few more free ski lessons and a trip to the bar of his choice in Queenstown.

Sold all my “golden goose” A2 to get into this. I am sure we will all end the year on a high! Thanks to Beagle for the insights. I should admit I got in late... but better late than never!

[weasel]

Am I reading this right that there's now another party that has placed an indicative takeover offer, thoughts folks ? I highlight the word "and" because it would appear that not only do they have a higher offer from the first credible buyer but there appears to be another offer from a third party, apparently referring to another bidder ?
?

I read it as there is an improved offer and some plans for how it would proceed (i.e., lawyers), not another bid.

[Beagle]

I read it as there is an improved offer and some plans for how it would proceed (i.e., lawyers), not another bid.

Thanks, any other opinions on this question I posed folks, see post #1026

So the announcement is due on or before Friday 27 December. Good that's a full trading day and I must admit that's the Christmas present to myself I am most looking forward to unwrapping

[Balance]

Someone wants stock to be 'well positioned' for a takeover.

Remember, first bid is never the last bid.

Stood out like a dog's genital appendage when aggressive buying came in after 'rejected' bid.

Sorry, Beagle, but that's an analogy I must use which hopefully compliments rather than offends you.

Directors have said they have obtained valuation in excess of $8.00 + but that's also a negotiating tactic.

The major shareholders hold the key to a bid succeeding and I believe last valuation plus a 5% premium will secure the deal - so $7.30.

[Beagle]

No offence taken mate and agree 100% it was always a given a better offer would be forthcoming. I agree and see it most likely to happen at about the $7.25 I have bene predicting for quite some time now.

SUM might be wondering where the ~ one and a half billion in cash from this potential takeover might be reinvested ? As always I have barked my opinion clearly in the appropriate thread

[winner69]

Hope “However, the SIA has not yet been executed pending confirmatory financial due diligence.” means the due diligence has actually been done and just needs the final sign off

[Beagle]

Dotting "I's" and crossing "T's" exercise I would think.
I think the little birdie who told me it must start with a "7" has been right all along.

Lets all play the game of what's the final takeover price and I will donate a chocolate fish to the winner, (a real one at the next gettogether). I might have to buy a few of them in case I get hungry over the holidays and eat the prize
I am sticking with my long predicted $7.25.

[Joshuatree]

WooHoo. Looks like an xmas feast for all, a very long table needed, and xmas crackers provided complete with corny jokes like,

Q"What is small round and brown and sits on a piano stool?

A. "Beethovens last movement."