A few in my portfolio have been taken over too without my consent it is sooo annoying and predatory. The reason for these takeovers is that many companies SPs have dropped dramatically and it is cheap bargain world in the share market for cashed up corporations to pick up. So many companies are undervalued by the sharemarket and its ripe for the picking, Origin was undervalued and Brookfield knew it, and if they succeed to acquire at $11.00 a share they are still getting a bargain cause Origin's prospects are improving and if the deal fallsover the SP might drop a bit but not by much as there is a lot of growth potential there now. GOod luck everyone ... I'm holding onto my shares as long as I can. I suspect the deal with go through between $10 and $11 - still I would prefer to keep the shares but there are other holdings I can pick up at bargain SPs with the funds once Origin takeover is complete.
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10 | 14842 | 10.390 |
Price($) | Vol. | No. |
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10.440 | 1371 | 8 |
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