Doubted we would know for sure before Christmas and that's still the case.
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Friend of mine once said, there's no need to bark when you've got a good dog :) Merry Christmas folks, I am glad a few of my mates joined in the rabbit hunt and proud to lead the hunt on this one. The barking was fierce and justified :) https://www.youtube.com/watch?v=pjz73dv9EEI
Stood out like a dog's genital appendage when aggressive buying came in after 'rejected' bid.
Sorry, Beagle, but that's an analogy I must use which hopefully compliments rather than offends you.
Directors have said they have obtained valuation in excess of $8.00 + but that's also a negotiating tactic.
The major shareholders hold the key to a bid succeeding and I believe last valuation plus a 5% premium will secure the deal - so $7.30.
No offence taken mate and agree 100% it was always a given a better offer would be forthcoming. I agree and see it most likely to happen at about the $7.25 I have bene predicting for quite some time now.
SUM might be wondering where the ~ one and a half billion in cash from this potential takeover might be reinvested ? As always I have barked my opinion clearly in the appropriate thread :)
Hope “However, the SIA has not yet been executed pending confirmatory financial due diligence.” means the due diligence has actually been done and just needs the final sign off
Dotting "I's" and crossing "T's" exercise I would think.
I think the little birdie who told me it must start with a "7" has been right all along.
Lets all play the game of what's the final takeover price and I will donate a chocolate fish to the winner, (a real one at the next gettogether). I might have to buy a few of them in case I get hungry over the holidays and eat the prize :lol:
I am sticking with my long predicted $7.25.
WooHoo. Looks like an xmas feast for all, a very long table needed:t_up:, and xmas crackers provided complete with corny jokes like,
Q"What is small round and brown and sits on a piano stool?
A. "Beethovens last movement."