I think he is trying to force Woolworths SA to negotiate buy him out of Country Road. He owns 11% and Woolworths owns 88% of Country Road. With 10% holding in DJS, Woolworths cannot move into compulsory takeover after holders approved. IMHO he wants $4/share for DJS and massive premium for his holding (11%) in Country Road.
Alternatively he might just control DJS, this will really upset Woolworths and Woolworths walks away. IMHO I think both Solomon and Woolworths see DJS worth more than $4/share in the long run.
Just IMHO.
- Forums
- ASX - By Stock
- DJS
- Soloman Lew
Soloman Lew, page-4
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add DJS (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
TON
TRITON MINERALS LTD
Adrian Costello, Executive Director
Adrian Costello
Executive Director
Previous Video
Next Video
SPONSORED BY The Market Online