Well there are rules around take-overs so ASIC should be watching closely.
Yes, and what better way to generate competition than to announce it to the world that you are considering offers.
This is a sound company, rock solid balance sheet, trading profitably, excellent branding. What's not to like. There should now be considerable interest, especially as a break-up of the company is also on the table. Interested parties can bid for just the part of the company that fits in with their existing business.
I am still quietly optimistic that it will not be the fire sale people are fearing.
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7 | 57599 | 0.450 |
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2 | 10584 | 0.440 |
3 | 14242 | 0.435 |
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