a late night thought , page-2

Autosime, I don't know if the bid will succeed or not, but I hope not, it's a bit like an agressive (and not very well managed) company trying to steal a well run, low risk, dividend paying business with some good upside prospects. My personal view is that many IPM shareholders like the low risk and dividends, and that a bid comprising largely of scrip (which seems to be worth less every day) is doomed to fail. I hold IPM (as well as COE, alas) and there is no way I will be giving my shares away for this clayton's/sham of an offer.