@UTS "do your homework....read up about this cmpany.....tpg failed the first time as gordon told them to get stuffed....the second time they came back with a MUCH lower offer so perhaps they got told to get stuffed again.....we don't know ....yet....expect more commentary on this over the next few days...."
That is not true..first time Gordon tell them to walk, then came the profit down grade and the balance sheet was in the shit...he openly invite them back, all details in AFR, sometimes ago during the SPP period, AFR got to talk to him.
he didnt take up all the SPP raising at 1.02 that tell you he wasn't event sure if TPG will buy the damn business.
if you sure TPG will buy the business you will go all in and get 1.02 SPP...
BBG Price at posting:
69.3¢ Sentiment: None Disclosure: Not Held