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Hi Prophet4meI think the probabilty of them returning is in the...

  1. full-tilt
    937 Posts.
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    22/05/14
    16:13
    Post #: 13402105
    Hi Prophet4me

    I think the probabilty of them returning is in the range 0.3-0.4.

    But the probability of a realistic offer might be a different matter as POSCO / Noble had a vastly differing view on future io prices last time around.

    If they are offering below $1.70/ share, I would say they will get the same cold reaction from Chairman Smedley.

    Got to be closer to $1.90-$2.00 to be realistic offer.

    FT
    ARI Price at posting: 97.5¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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