Whilst most LNK Divisions have had their challenges over recent times, these Offers are obviously proving to be a huge distraction for the company when attention and effort are needed elsewhere. Today's closing price tells the story well, about how the market in general rates this latest Offer at this time, and the likely response from the Board. Macquarie Research have a valuation of $6.30 on the LNK shares with a $6.70 12-month price target. So now Macquarie Capital have been appointed as one of the Advisors to LNK, and their advice on the initial offer is likely to be .......?
LNK Price at posting:
$4.70 Sentiment: Hold Disclosure: Held
