takeover fails - crystal ball time., page-3

Hi Singas...

hmmmm, difficult to speculate.....if the vote does not go thru the share price will go down a bit but i don't think as far down as it was before the proposal was annouced...this is becuase we have had a better than expected positive 6 month profit result in the interim.

I also think it will take more than 3 months to get to 60 cents. I think it will take another positive 6 month result to perhaps push that target..which is probably 6 months away.

I have no idea about the majority holdings dilution. I don't think that would happen until the equity market becomes a lot more positive....perhaps in a couple of years??

I also have no idea about acquisitions....ECPs history seems to see them as being very cautious in spending lots of money...they seem willing to wait (maybe sometimes too long (eg launching Charles Schwab) for the right opportunites.
Inhindsight..i think this has been pretty prudent so far.

anyway....lets wait and see what happens with the vote on Tuesday

Cheers