unfortunately, it's not up to "us". only takes the directors and a few major shareholders to decide to take the money and run.
world is in a really dicey way at the moment and the whole CSG furore is not helping. what happens if the anti CSG gains momentum over next few month. Our government has already shown that it doesn't care how much fiscal damage it does to the country so long as they can stay in power. Greens hate CSG and it will surely be top of the list for any bargaining needed leading into the election. Yes, the CSG industry needs to be monitored and strict controls in place, but you load up business with enough taxes and onerous requirements then they will start questioning strategy. qatar anyone? - you can be sure the carpet laid out there for them will be red not green...
much as I'd love to hold for a $2.50 takeover price on a risk return basis I'm inclined to take what I can get now, rather than the future which is increasingly murky.
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- please tell me why not?
unfortunately, it's not up to "us". only takes the directors and...
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