Ann: Variation of Takeover Bid, page-24

I sold out half of mine at 92. I think it may possibly go higher but I’ve always seen fair value at 80c-100c. My hope was it would become something I could put in the top draw and collect regular dividends. I bought in below 50 so I’ve not got too many complaints. I’m intrigued as to why you think it may be worth 180 though? I’ve seen a few people post stating they’d only accept 120-150 too and it’s probably what stopped me selling the lot. Genuinely interested to here how you guys got to these figures as I’m still learning and struggle seeing it’s as 1.5 billion dollar company.