EXT 0.00% 0.7¢ excite technology services ltd

rio acquiring ub post on stockhouse, page-3

  1. 3,704 Posts.
    We won't have any say in it. I am reticent to set a figure, you never know who could be reading this (Ha Ha).

    KAH has 38%, the top 20 hold 73%, these are the decision makers. You and I will have no say in the matter.

    I think if the next results are half as good as the last then we will be looking at a significant rerating.

    If there was an attempt to take a large stake after the maiden statement is released then that will have to work on about 30 mill of free float shares (my estimate, may be way off). That would push it up higher, a lot higher.

    The best case scenario would arise if other resource-hungry cashed-up companies get a whiff of it and make a move as well.

    Whilst I am one lucky bstard, I don't think I am that lucky.
 
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