counter offer rumoured @ $3.35 Note: Market will also factor in a counter offer to that, so it could go to around $3.45
Barloworld has appointed ANZ Bank to advise it on a takeover offer for Wattyl. (INSIDERS are telling me $3.35 cash offer).
May be worth a punt at these levels.
This is a classic example of BUY on rumour, SELL on fact!!
Very limited risk of losing your money here!
Last trade: $3.33