HDF apa sub group
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apa takeover proposal, page-4

  1. LZA
    1,858 Posts.
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    30/12/11
    09:43
    Post #: 9494916
    clearly market is factoring a higher offer.
    APA will probably take their time, see how many acceptances and then after consulting make a higher offer.
    Problem is that it may take quite a few months to unfold, and punter get sick of waiting.
    my guess would be $2.20 - who would be a taker?
    HDF Price at posting: $2.03 Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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