well 10c is still pretty good short term profit, also its needs to be said, what would a takeover company offer Creasy to stay on and continue his good relationships he has made, you know throw a bucket load of options, annual wage for 36 months.....seen it happen before.
Hybridised, I'll go out on a limb and say AVB, plenty of the old crew here, now you could say that both sides of the takeover had little to do with share holders best interests. Was worth more than what was paid out. Now interestingly, the Chinese have always held a long time view, they tend to look not at 5 to 10 years, but 50 to 100 years, or longer. Buying up Aussie cattle producing lands, just for the future. Not to mention, my home town, Darwin, got a lease on the harbour for 99 years, still 97 of that to run. If a Chinese company wants it they'll take it.
MYL Price at posting:
4.7¢ Sentiment: Buy Disclosure: Held
