TPG originally pitched a bid at as much as $3.30 a share in February, but this was rejected by the Billabong board and by the company's founder and biggest shareholder Gordon Merchant - didnt he say he wouldnt sell at even $4 ?
Reminds me of the Qantas directors who told shareholders not to take $6.50 only to see it go sub $1 still not back to $2 - ASX is just a giant dairy where the mums and dads get milked on a regulae basis by management and the big end of town
hOOt
http://www.abc.net.au/news/2012-07-24/billabong-receives-fresh-takeover-offer/4150296
- Forums
- ASX - By Stock
- BBG
- reject the offer!!
reject the offer!!, page-13
-
- There are more pages in this discussion • 144 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
MTL
MANTLE MINERALS LIMITED
Nick Poll, Executive Director
Nick Poll
Executive Director
SPONSORED BY The Market Online