Still watching and waiting and cannot make up my mind whether to sell or not.
Waited too long on my centro shares and I paid the price on that one!
With RIO's offer, the way I look at it is that they are obviously very serious about the whole thing as they have the cash, it is a good fit and they keep on extending the offer. BUT it does certainly look like they are not going to get 50% or anything like it due to all the blocking stakes and the question is will they be satissfied with less than 50% or will they walk?
IT really is a gamble at this stage. I sold 2/3 of my shares at about $16 and am watching the profit on the last 1/3 slowly ebb away.
Still really surprised there were no other bidders but them's the breaks I suppose.
Any thoughts from other holders?
- Forums
- ASX - By Stock
- RIV
- this waiting around is killing me!
this waiting around is killing me!
-
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)