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Ann: Stratgeic Review Update, page-3

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avagadro

13,167 Posts.

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27/08/18

09:19

Post #: 35195882
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Originally posted by manny100 ↑

Optimists will say the Bains offer is still well and truly alive but BWX are looking for an acceptable price. Obviously more than $6.60. Growth opportunities will have the optimists torn between the T/O and go it alone.
Pessimists will say that Bains want the extension to get more time to find a way out and the growth opportunities outlined are crap or just plain imagined.
The takeover looks more on the cards now but I am happy to go on as standalone if it falls over. Clean decks, good growth outlook and a firm direction is a good long term recipe.

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Sounds like the offer is less likely than more likely at this point.

Will the share price be crucified further? I imagine a lot of shorts will be licking their lips on this update.

BWX Price at posting: $4.51 Sentiment: Buy Disclosure: Held
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0 Great analysis

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