TTS tatts group limited
Add to My Watchlist 0.00% ! $4.45

utb priced for alternative bidder

  1. zen_machine
    3,698 Posts.
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    27/03/06
    12:48
    Post #: 1456757
    tts is offering 4.33 shares OR $14
    tts 3.27 x 4.33 = 14.15
    utb = 15.70 / 10% more that tts offer
    tts is priced in line with the offer
    utb is priced with expectation of a bigger offer.
    tts is likely to go down more is they have to pay more
    The market is expecting another bid and is priced in
    TTS Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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