Just some banter to fill in a Tuesday.
Well, we got the offer of $25 that was quickly rejected by the board (Thank goodness) but what will happen next?
I can see several scenarios that may happen:
1. BHP goes back to the boardroom and comes up with an increased offer.
What dollars do you think it would need to get the OZ board to seriously consider an new offer?
2. BHP has got other takeover targets and just moves on?
3. Shelve takeovers at the moment and wait to see what the future brings ?
OK over to you guys to she what the “brains trust” thinks and if there is another scenario to play out.
Have a nice day.
