BWX 0.00% 20.0¢ bwx limited

afr article, page-8

  1. 5,593 Posts.
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    I agree with your sentiments. They made the offer purely because they believe they can make a heck of a lot more by taking control.
    I had hopes of a $15 to $20 SP within 4/5 years or sooner given the company and industry growth profiles.
    The US acqs are no 1 in their categories as is Aus. Its a no brainer although shorts still do not think so.
    Also i think the business was played down over the last 6 months prior to the offer being made.
    Wonder what else will come out of left field??
    Those buying now are looking for a good premium if it goes through at $6.60.
 
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