Well LZA
I think you are spot on in saying that 55c is not enough, and I think the market agrees with you.
Sales today were between 54c and 54.5c.
The offer of 55c by Horizon Roads / CP2 would be implemented in October, and the dividend of 1c already gone for new buyers.
Meaning buyers are getting in now to get between 1c and 0.5c in maybe 3 months? I don't think so!
It looks like the market believes there will be an other higher offer.
What do others think?
News: ConnectEast recommends Horizon bid , page-8
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