Yes. A combination of VAU and BGL would be a match made in heaven(not). Though it sounds like both are pretty well(badly) hedged and BGL has its own issues and not performing to expectations. Hopefully Vault loses and Regis goes home the winner(loser) with BGL. Too much sarcasm in this. I think the old saying of if a trade doesn't work out immediately, then it doesn't work is probably true for me with VAU. I'll probably sell down to about 25% of my original stake and hope for better days.
Hope the BGL deal doesn't come off - likely much more value in VAU buying its own shares at a big discount !!!!!!!!!! It should be obvious. VAU doesn't have to enter in a bidding war to buy its own shares!!! Let's see if sanity prevails.
VAU Price at posting:
41.5¢ Sentiment: Hold Disclosure: Held
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