I property shareholders would be happy with the takeover.There shares have risen in the last few years from under $1 to takeover price of close to $4
In the meantime I have seen oth shares go from float to under 40c and now stuck in the 50c mark with the story that all will be well.This story has been going on for years with different management and still earnings haven't jumped IMO to reflect the incredible run in the property market and we sit waiting for news of and if a demerger will take place.
OTH Price at posting:
54.0¢ Sentiment: None Disclosure: Held