EAR 0.00% 32.5¢ echo resources limited

Ann: NST: Completion of Dispatch of Bidder's Statements, page-15

  1. 11,748 Posts.
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    You never know,time will tell and no sense giving them away until that binary choice pops up. My guess would be a holding statement anywhere above 70% and it's game over, extensions follow and it all gets sucked up to compulsory. The bigger holders on the wrong side will of course look at potential for them to make more, but the bigger watch at that end is extricating at a takers value. That's my head talking, my heart would like to see another predator, but sadly I am hard pressed to find many if any hearts getting up.

    I understand we will see lots of great values quoted, they don't mean much. The cornerstone holding the company interconnections, the asset, people and location all speak to my head.

    Lots of folk have said to me they will roll it into NST, well that could have been done at $14 not long ago and this week at $11, which has to make pips on the .33 questionable for some.

    Good luck all, it's always nice to be a target in my book.

    Cheers
    Phil.
 
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