"The stock market is a device for transferring money from the impatient to the patient." WB.
Secondly, given that SPI is an investment firm and SPM is effectively run by CSD, what chances do people give for a take-over, and why now? Surely if SPI wanted all of the pie then they could buy it already at ridiculously low prices.
And IF they did so, then I would imagine Ralph and Co would be bitterly upset and SPI would have a working plant and resources but no workers. I'd also think FIRB would step in.
I give about a 1% discount value to this event.
So, what do we have as a value?
CSD Price at posting:
5.5¢ Sentiment: None Disclosure: Held
