OZ Minerals Bid Too Low, page-38

No way champ!

"Value" is a personal perception. We're just a bit far out in our thinking, although you have a strong bias to want far out numbers and I can understand that.
I'm more realistic, you haven't seen me jumping for joy when the news of the TO came out and our SP got hammered too.

Your Directors think 17c is a good deal, they run the company, one would imagine they have a good idea surely?
You've put faith in them to date, so why stop now when there's a 1 in front of your old 7 ?

Anyway I don't really mind either way, will be sad to see us lose expenses of the bid but if there's no point in doing the deal why do it? Better off leaving AVB to it and keeping our cash for something else, growth and expansion are risky but can be good or worth the punt at a certain price we shouldn't go getting involved with telephone numbers .

Got any tips this weekend, races are on?