There are three bleeding obvious outcomes in this whole messy saga. The offer is accepted in which nervous holders will make about 40% return . If the offer is rejected or TPG walks then there is a down side of 20% and give or take 5-10 % exaggeration by shorters. The third option is an unlikely increase to 1.50. I am hoping the TPG mob takes a hike and let the board get on with business and get back some real value for this good company with $ 1.5 B turnover. The best thing that could happen to this company is if this greedy TPG mob takes a hike and disappear into the horizon . They are opportunistic and care less about the company.I know this may be wishful thinking but may be in a a year or two this stock may be worth a little more than $ 1.45. I hope they walk. This company is better without them imo.
- Forums
- ASX - By Stock
- BBG
- new chairman - good sign
new chairman - good sign, page-23
-
- There are more pages in this discussion • 23 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BBG (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
HAR
HARANGA RESOURCES LIMITED.
Peter Batten, MD
Peter Batten
MD
Previous Video
Next Video
SPONSORED BY The Market Online