BLY
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0.00% $2.91 boart longyear group ltd

are beutel goodman planning to take over bly

  1. VBURG
    66 Posts.
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    26/11/13
    10:40
    Post #: 12618599
    Are Beutel Goodman planning to take over Boartlongyear. As they now own 69,883,490 shares of 461,000,000 which is 15.15%. They have to get to 19.9% and have to offer a formal takeover. Which is usually 30% premium on the share which takes BLY to 45c, or there abouts. Or they could offer a lot higher…

    All views welcomes.

    BLY Price at posting: 32.7¢ Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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