BPC burns, philp & company limited

burns philp about to take control, page-11

  1. 9,485 Posts.
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    re: burns philp takes control The one thing that really got me Moebius about this takeover was that it wasn't geared for GMF shareholders to participate in BPC .
    I would of preffered a scrip bid and some cash .

    Maybe this will work in BPC's favour now they have taken over [almost] as the index or sector folowers will have to purchase BPC on market and hence drive the share price . Not a bad lurk me thinks .
    cheers ge
    ps; Terry Mcrann [Herald sun] indicated another 0.10c might be forthcoming in the mop up . I don't know and are out .
 
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