KMD - Kathmandu

[silverblizzard888]

I think your logic has gone a bit back to front & then front to back here Mr Blizzard - the take over is too low so the share price will head down if it fails? Hmmm. If it doesnt go through - it must be perceived to be worth more.

Think there are alot more factors playing on the current SP.

Before the takeover the share price was drowning at the $1.30 end, what lifted it up was the takeover offer, if people perceived it to be worth more then it would not have gotten to that level in pricing in the first place. I'd say theres a split some think its worth more, some less. I'll leave it at that. Of course theres many factors doing a bit of suppressing from profit takers to the situation with Greece, but I'm not hopeful that things are better if the takeover is rejected.