TTS 0.00% $4.45 tatts group limited

News: TTS Australia shares bounce on M&A activity, Wall St record; NZ down, page-13

  1. 155 Posts.
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    This Pacific bid is nonsense. The Tabcorp proposal represents an orderly transfer to the Tabcorp books at a reasonable price and a continuation of dividend income via Tabcorp.
    Pacific are offering an extreme lowball price that does not include any compensation for the current shareholders for the loss of future earnings - in my case, 10.9% dividend return based upon 2011 purchase price. Why would you surrender that for a cash bid that includes no premium.
    You ain't gonna get my shares Macoctopus.
 
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