patrick t/over bid is too low:virgin, page-3

Posted 30/01/05 14:35 - 41 reads
Posted by hard rider
Post #496250 - in reply to msg. #496247

Insider you the man!!!!!!

Been watching,,,,,,,,,
Good times, have just started...


- 2.15
- 2.25

..........MIN.........

- 1.90 is bullshit maybe in Kiwi land.....
not here!!!!!!AUSy, cmon......


Man are you in for a rude awakening.

If you knew anything about Corrigan you would know that he is not going to pay over 1.90 for an additional 5% he needs to change the management and put his guys in. Anyone buying at anything over 1.90 needs their head examined because it is worth that much as long as Corrigan is a buyer. It is worth much less if he is not.

And considering that Branson is being a weasel that he his and been buying up on market on Friday (pushed his stake up to 25.1% - why? WTF is he going to do, announce a takeover?) , Corrigan might decide to start playing nasty, let his bid pass and watch this baby fall like a rock toward 1.50 and buy it there. The SP was headed in that direction anyway because the current Godfrey-led managemnt has lost all credibility with the market.

Its on now, the battle of ego's. Corrigan vs Branson. Unfortunately for Branson, this time he picked the wrong guy to go up against.