hhhhmmm...... I expect BGL to be taken out at some stage, probably in the second half of this financial year, and probably by Regis, but I'd prefer Vault.
As for a price, an initial low ball offer might come in at the $1.20 equivalent, maybe scrip and a small amount of cash.
I can't see this being a huge deal, given BGL's history, but I hope I'm wrong.
I was hoping that Bill over at DVP would take BGL but that doesn't seem likely now, unfortunately, and anyway, DVP's price has gone up so much that you aren't going to get a good scrip deal.
We can only wait and see now, and read the speculation, there might be a small profit in it for some of us.
Gw
BGL Price at posting:
96.5¢ Sentiment: None Disclosure: Held
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