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My gut says it will be a T/O. The ASX / Takeovers panel isn't...

  1. 217 Posts.
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    My gut says it will be a T/O. The ASX / Takeovers panel isn't going to allow control to go to a big player and screw over the little guys. I hope.

    However, and I really hope i'm wrong, I don't think we are going to be anywhere near $1. I just don't see them paying 4x to market... I hope I'm wrong. But i've never seen an example on the ASX where someone has paid more than 70 or 80% in cash, generally 30 - 40%.

    I hope I'm wrong.
 
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