SXP sapex limited

takeover or speeding ticket, page-3

  1. 588 Posts.
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    I'd rather this stock run like others such as MEE and LNC and MPO than have the handbrakes applied by a takeover.
    IMO a takeover would probably be priced at around 10-20% premium to the sp; whereas potentially the sp could run to $1 or more without a t/o.

    A speeding ticket looks inevitable in the absence of an announcement surely.
    Even so, a ticket wouldn't necessarily hurt the sp as I think few daytraders/shorttermers left in this stock.
    The sell side suggests that holders are playing for keeps.
 
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