I think hoping there will be another bidder is wishful thinking. The current offer is 30 times ebit. Going to be hard to justify unless there is a guarantee of same to justify such a high multiple.
why not be happy with 50% increase in one day. It might have taken years for the share price to have increased by this amount without the offer.
BAL Price at posting:
$12.82 Sentiment: Hold Disclosure: Held
