OTT open telecommunications limited

There is a takeover offer for OTT at 41c, by Wayne Paslow and...

  1. kotek01
    116 Posts.
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    29/03/05
    09:01
    Post #: 847478
    There is a takeover offer for OTT at 41c, by Wayne Paslow and Macquarie Bank. They obviously see a good deal, and it looks like the existing shareholders will not benefit from the improved market conditions and a recapitalised company. (And Wayne is a legend - he sold most of his shares for a $1 to MBL, and now is trying to get them back for 41c! Beautiful!)

    They already have just under 20%. Maybe some big holders can squeeze a few more cents out of it, but that will be that.
    OTT Price at posting: 0.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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