How does a profit downgrade keep private equity at bay? If they were interested in the assets, or some of, a low share price would only encourage them. The only discouragement would come if they wanted to run the company as is. Instead of buying all the companies the same way as vocus did, they can literally do it at a heavy discount. Even a 50 % premium doesn't even put vocus to 4.00 and private equity was rumoured to be circling in with ceiling of around 4.20.
Until vocus hit mid-3s, I think they are definitely to be very cautious of a takeover bid that could ruin a lot of investors.
VOC Price at posting:
$2.38 Sentiment: Hold Disclosure: Held
