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$5.49 vocus group limited

Ann: Preliminary, indicative and non-binding proposal received, page-253

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mechanic

2,389 Posts.

676

20/06/17

19:25

Post #: 25389153
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Originally posted by drg ↑

KKR did lob a low ball bid for treasury wines back in 2014, the initial offer was rejected and the following offer was about 11% higher. Not saying that is going to happen here, but I wouldn't consider their first offer a first and final bid. More of a opportunistic starting bid : )

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yes , maybe management are smarter than some think they are obliged to present the offer and have opened the cookie jar of accounts which may well vindicate their forward forecasts providing illumination, we can but wait and see

VOC Price at posting: $3.56 Sentiment: Buy Disclosure: Held
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0 Great analysis

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