Damn, I was so close to buying this the other day. Congrats all.
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Damn, I was so close to buying this the other day. Congrats all.
Still undervalued IMO and has a lot of price recovery to go, especially with Briscoes on board.
Charts will never tell you these things. I bought on on the basis of the half year 'loss' being extremely overplayed IMO and the stock being well undervalued.... & it still is I think.
Regarding the notice, what does the offer of cash & scrip to all holders mean exactly?
Lets not forget Mr Xavier Simonet! He's starting work today :)
"The group said it intended to lodge a takeover bid for the remaining 80.1 per cent of Kathmandu immediately."
What does a "takeover bid" mean exactly? As a holder will I be presented with an offer of some sort?
More than happy to sell my shares to Mr Duke for $2.80.
Notice says shares and scrip... so cash and shares in the new group. As for price/quantity of this offer, will have to wait and see.
Surprised people are selling for under $1.80, given the immediate lodge for a take over and 20% purchase @ $1.80 - surely the offer will be at a higher price than that.