90 cents!!!!!, page-20

I am with ascole and also disagree strongly.

In todays Fin Review (page 24) it says ABN Amro Morgans values QGC at 90 cents after the recent reserve upgrade. Also, they regard the short-term benefit of picking up Sydney Gas as minimal to negative.

The article also mentions that Also SGL shares jumped to the implied price of the bid when the bid was announced, but lately have not kept pace with QGC shares, possibly over concerns the merger won't go ahead.

The market is saying the QGC bid is fair.