only to the supervisor if they demand it :scared:
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arv down 4%
oca 7%
rym 10%
sum 2%
cash crunch coming
At what share price does OCA become a target for a take over.
I’d be surprised if there weren’t a few groups out there asking themselves the question, even if just half heartedly. Likewise I’d imagine they would be wary of how the Board would react given Arivda’s outright rejection of an indicative bid that carried a chunky premium last year. I think the care component a bit of a hurdle as well - relative to Arvida at least.
Looking grim indeed.
Ryman’s downgrade could not have come at a worse time with the index selldown next week.
No bidders piling up at 60c unlike the last two trigger points of 65c and 70c.
Sp could very well has a 5 in front of it when the MSCI selldown hits.
Ouch!
Retail punters have run out of firepower?
62c now. The centre cannot hold!
The blood-dimmed tide is loosed, and everywhere
The ceremony of innocence is drowned;
The best lack all conviction, while the worst
Are full of passionate intensity.