saturdays afr article..., page-22

Sprudz:

Well there are a few stories around atm Sprudz - some good some bad, lol. It all depends on how the market views it I guess and if in fact there will be a takeover play for Centro. Let's see what happens after the first milestone ie; 30th May!


Hope:

Well I am presuming the same as you Hope ie; it means a premium of 860% on the current sp ie; .365 x 860% = $3.13. If you look at the Qantas example (& from memory) that is around about the price they wanted to sell it for ie; ~$6 mark with a little bit of a takeover premium thrown in. However, I must add that I do not understand how Citigroup arrived at the 'Takeover premium payable' 860% figure!

So in essence they are saying it is a potential ~10 bagger from here in takeover scenario! Woo Hoo - lol!

Now I suggest someone cut & paste this little tid-bit, start a new thread and perhaps head it: "citigroup shows cnp as a potential 10 bagger" LMAO!


Cheers, Pie :-)