Private equity doing a takeover will give us short term profits. No doubt, after the takeover, the players will list the company or portions of it on the ASX, for a fat profit. Anyone remember Dick Smith or some of the other retailers?
I will resist the short term lure of a takeover. The company is worth billions, not 200m which is it's approx current marcap. Selling the company for anything less than a few billion is just plain dumb.
PS. I'm pretty bullish mainly because I have faith in the GJ brand, which has the potential to grow exponentially if rolled out properly overseas. .
