I've got serious doubts Ferrovial will walk away from this one...

I've got serious doubts Ferrovial will walk away from this one without upping its bid price, considering 12 mths ago they were prepared to pay almost $2 per share and came back with this low ball offer 12 mths later, also the AUD->EUR has dropped in last 12 mths so the Euro to AUD cost will be even cheaper for Ferrovial.

Considering they have plenty of cash and are looking for an established organization within their target market, i think they will want to up their price if they want to remain serious about the takeover.