TER 4.76% 22.0¢ terracom limited

SMR today, page-19

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    It has been mentioned before about an Asian company taking it private, perhaps it was OCP they were talking about. A low ball offer would have to be upwards of 58c or Singo etc would lose a lot of money and I don't think that's on the cards. I suppose its what is low ball? 58c, 60c, 70c? The only other scenario I can think of is if Singo and company are party to the offer in exchange for a slice of the new private company. Then we're in a bit of a pickle. At 58c I'm still well ahead but would be disappointed if it happened at that price.
 
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