Hi U812, yes I tend to agree that these guys have multiples in their sights. Their information comes through lots of well connected individuals.
We have had our top shareholders holding their stock through a company wrecking period and then out the otherside. They will want their return on investment let alone a return of their investment.
Salt, have you done any crunching on what the carrying cost our largest shareholders is? And what sort of a sp would give them a decent return on their capital?
GLTAH
PB
ABM RESOURCES -TOP 40 UPDATED-NOV, page-34
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