As Always, when I get any fresh news I like to inform you guys and gals..tho as yet, I do not hold!
Citigroup labels Allco's (AEQCA.AU) A$3.25 a share
bid for Wattyl (WYL.AU) "cheeky" and "well short of the mark." Says
value being unlocked by current restructuring program capable of lifting share price to
A$5.00 within 18 months. Keeps stock at Buy, raises target price to A$4.09 from A$3.32
after upping forward earnings estimates on restructure program.
WYL last at A$3.34.
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