for those following BBG, forgot to post this really good article yesterday (also mentioning Channel 9) -
http://www.heraldsun.com.au/opinion/hedge-funds-are-nothing-if-not-greedy-writes-terry-mccrann/story-e6frfifo-1226496642242
many key points to be taken from article, including TPG's aim to get 25% return on investment annually from $1.45 base level, hence $1.75-$1.80 by the 1st year and so on.
well guess what with the sp at 75c, 25% return from here, sp would be at 93-95c, now TPG, that is more likely in the ST.
once the dust settles, wonder if we will see anyone (suitor) buying up here on market up to 20% holding re takeover regulations and then make an offer for the rest for say $1-$1.10 ??? (at $500 million, as opposed to the $695 million that TPG was offering at $1.45/share)
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