News: Myer shares surge on takeover talk, page-11

Oh goodness, i hope another one of my good dividend payers doesn't disappear one me. Will have to work out where to deploy the proceeds from the TOL takeover in a month or two. Nice problem to have i guess, but in this yield environment it is actually quite a headache.

Anyhow i need around $1.7 to be break even on MYR. But realistically you would expect at least a figure with a 2 in front of it, to get board and shareholder approval? Yeah you wouldn't be happy to have bought out of the float, then sell it back to private equity a cpl years later for half your original purchase price.