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11/10/21
18:05
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Originally posted by Kurt12312:
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I guarantee the offer will be considerably more. Say with a $4 in front and dividend. Things have changed a lot since 6 weeks ago. Both countries are opening up, international travel is being discussed which means jet fuel, nation wide lockdowns are behind us and we have a oral pill for covid. Note the risk of a large scale lockdown is diminished. Macquarie Bank will get a better payday if the deal goes ahead. Remember Z Energy have got what Ampol wants. Not the other way round. The extra 2 weeks did Ampol a disservice but at the same time crude has rallied. The uk situation occurred petrol stations are alive and well. Let’s see the MONEY!
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The $4AUD will have to come from another bidder. I hope that petrol chain (AQR) puts in a bid for zel. When the last day another suitor can put their bid in. My property trust have gained more than this - and it gives higher dividend return.