Ann: On Market Takeover Eureka Energy Limited , page-14

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  1. 5,623 Posts.
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    re: Ann: AUT: On Market Takeover Eureka Energ... AUT has only bought a bit over 1% since the offer hit the market. How many shares did AUT start with?

    They're playing silly games at the moment, but it's all smoke and mirrors and silly talk. AUT wants EKA and will happily pay more than 45c. Most likely they'll offer more. Either they'll take it over at a bit over 45c or the offer will be rejected and we'll see over $1 within 2-3 years, maybe within 1. Either way this is a buy to me at current prices.
 
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