It would be difficult for another group to take over noe Guiness peat has over 50%. I think that is why they increased their shares as a protection against takeover at this price. It would be a steal at 20 cents with all the property they own. Effectively they have blocked the Queensland takover. This is probably why there is a wave of selling at 18 cents but well supported buying also. I am in no hurry I need to wait until June to have hold most shares for 12 months and halve my tax - has been a great year!! Just need Telstra to hit $3 and Im a very happy man!! This one is a long term hold nothing is going to happen this financial year. Wait for profit. The buy is very strong at 15 cents so if there are any waiters hold for that price. I (wife and me) am above 2 mil shares and will NOT be selling - so have faith in this one. Flemster
CAA Price at posting:
18.0¢ Sentiment: LT Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)