WCB 0.00% $9.01 warrnambool cheese & butter factory co.hold.ltd

good day for wcb, page-6

  1. 313 Posts.
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    Agreed AgAu, Anyone who knows anything about this type of aquisiton knows that the buy starts with a low ball offer (they know this will be rejected- though hopefully released to the market). This creates share churn so the buyer can accumulate a position in a very tightly held stock before releasing the real offer. This way they can have a fighting chance when it goes to the SH vote. Exciting times ahead.

 
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Currently unlisted public company.

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