AIO asciano limited
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smells of a takeover offer

  1. brainybull
    864 Posts.
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    29/12/09
    10:56
    Post #: 6088081
    AIO hit 1.85 just right now. This beats the 52 week high of 1.845. The massive accumulation since the SPP and more recently may relate to a takeover offer. There is a lot of speculation in the media about a take over offer. This share will make half a billion each year and the Market Cap is only 5 billion. Someone will buy this at double the current SP.
    AIO Price at posting: $1.84 Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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