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2,669 Posts.
17
15/05/07
09:27
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yes, quite correct, a takeover at a premium. Because at the end of the day, the company will be worth alot more in years to come.
I have settled down from yesterday - but I still think it is Macquarie given they are awash with cash.
However it would not surprise to see Fogarty sell to another fund to dilute. But at $2.35? That is a great price for such a parcel.
They now would approach GRD for dd....stay tuned to this station.
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