there will be update today or tuesday

Hi,

I inderstand there will be an annoucement on the process today or Tuesday. They wanted to do it Monday but it's a holiday so are trying to get it out later today.

Good luck everyone. My view is that it will be positive either way.

1) A full takeover offer. Needs to be big for board to recommend. They will have to annouce the prices so if they don't recommend could spark hostil takeover. I think the price is $3 ish. I also think the future QLD sale will help final offers.


2) Partial sale and some equity raising. Allparts of the company are making money ieven in the GFC. If partial will be strong price and result in good equity position leaving a strong debt free company.

Pls note DYOR I am not an investment advisor.