I am somewhat surprised that CTP isn't trading higher than 17.5-18c. I can't see MaqBank walking away after a single bid and given nobody on the forum seems likely to sell for less than $10 and a golden pony, I would guess that the next SP move will be up to the revised MacBank bid, after which we will see how tricksy RC really is.
So somewhat lightheartedly would anyone care to speculate on the revised MacBank offer, for the prestigious honour of being able to say 'I told you so'. My bet is 22c. To be clear this isn't what I think CTP is worth, just what I think they will try to get away with.
Add to My Watchlist
What is My Watchlist?
