Yes, I hold similar sentiments tjsol.
Imho, they keep the price of stock down for a length of time, up to 1-2 years and then the potential suitor come up with a low ball offer that looks very tempting. Just check out what is happening to WCL and PNA, both under takeover offers which the board believe and 'valuers' think are way below fair value. I think with high speed trades and technology we will be seeing more of these. For us s/h (particularly retail investors) it really stinks. Just my thoughts.
- Forums
- ASX - By Stock
- Ann: Craig Stallan appointed Chief Operating Officer
Yes, I hold similar sentiments tjsol. Imho, they keep the price...
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)