Ted the Kiwi said...

Ted the Kiwi said...

SP said...

Ha ha DJ s after I bagged them....

they deserved a good bagging

not point trying to pick the bottom on these puppies too hard - I just had a lash as I thought that they are a prime takeover target now at these levels.

CMC said...

Hot off the press.

TPG is back with another takeover offer.

Last one was at $3.30 or thereabouts.

This mornings offer is at $1.45, share price is $1.10. This will be interesting.....

Happy Days!!!!!!!!!!!!!!!!!!!!!!!!!!

You bought up at $1 didn't you? What happens now Ted? Is the price frozen? Can it go up on the takeover bid? Can you make $1000's and shout me and you on a Maldivian surf trip?

Its going to be interesting CMC...essentially it sounds like BB is considering this offer - weird when they said that the $3.30 offer was too low - now they will consider this one! Although in fairness issues shares have almost doubled - so it looks like TPG value them at around $700m which is a way short of the $850m a few months back.

I averaged in around the $1 mark - I shall offload a few around these levels and probably ride the rest out....if they knock back this offer their shares will drop right off again and they will be a massive laughing stock. I would like to hold onto to them all but it was an event driven trade and that event has now taken place so its time to sell a few of them.

As for the Maldives - I wish. Should go a decent way to paying for the wedding though

Ted the Kiwi said...

Its going to be interesting CMC...essentially it sounds like BB is considering this offer - weird when they said that the $3.30 offer was too low - now they will consider this one! Although in fairness issues shares have almost doubled - so it looks like TPG value them at around $700m which is a way short of the $850m a few months back.

I averaged in around the $1 mark - I shall offload a few around these levels and probably ride the rest out....if they knock back this offer their shares will drop right off again and they will be a massive laughing stock. I would like to hold onto to them all but it was an event driven trade and that event has now taken place so its time to sell a few of them.

As for the Maldives - I wish. Should go a decent way to paying for the wedding though

Take the money and run...