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interesting information from yesterday's agm, page-5

  1. Ivanovich
    3,488 Posts.
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    24/11/09
    18:11
    Post #: 5956554
    Hi goslan,

    No that is not correct. I didn't hear any mention at the AGM of needing to fend off a takeover or an offer of $3.90. The real news at the AGM was the gradual introduction of the $2.50 charge and the resulant eventual EPS of 40 cents per share and on a PE of 15 = $6. Hypothetically, if someone was to make an offer now it would have to be North of $5 would'nt you think ?
    CUS Price at posting: $3.14 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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