Those of us that participated in the last SPP should have put 2 and 2 together whenBaker Hughes were announced……this time we’ll all be lining up for a loaf of twice bakered sourdough….
On a side note, thinking about the reasoning behind not taking the overs in the placement I’m not convinced it’s to bump the SPP amount up to reward long term holders, although I’d be happy to be proven wrong. Is it beyond the realms of possibility that the raise was strategic and an interested party has put a better offer on the table prior to the placement closing? I’m confident that Tullow come into play at some point…..join the dots.
IVZ Price at posting:
12.0¢ Sentiment: Buy Disclosure: Held
