Ann: Variation of Takeover Bid, page-5

Agreed Baldy. I’m still holding long and strong.

I still can’t understand Morgans telling their clients to sell on market last week as there was unlikely to be a better offer than Iberdrola’s $0.86 per share. And they weren’t the only ones - there were plenty of media articles also suggesting Iberdrola was home and hosed.

The greater population still does not seem to appreciate the value of these types of assets. Which is fine by me because that means less completion for stock - but it would be nice if the listed players didn’t keep getting taken out so we could all maintain an interest in the space!