News: FXJ Australia shares steady, as financials' gains offset weak resource stocks, page-6

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Huyton121

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16/05/17

23:41

Post #: 24730458
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Originally posted by TriOptimum ↑

Hope so! But some large shareholders already sound like you can stick a fork in 'em. Others appear likely to roll over at $1.25 or $1.30. Greying bloodnut Ron Walker has weighed in and seems to think the current proposal is close enough but that a higher one might eventuate.

The $1.40 figure that's been bandied about by the Fin lately does not appear to be sourced to a particular shareholder... although UBS seem to think there's a case for $1.40 on a bullish outlook for Domain's EBITDA by 2020:

http://www.copyright link/street-ta...-media-still-maintain-irr-ubs-20170516-gw5pd6

We'll see what the Board recommends soon enough.

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Originally posted by TriOptimum ↑

Hope so! But some large shareholders already sound like you can stick a fork in 'em. Others appear likely to roll over at $1.25 or $1.30. Greying bloodnut Ron Walker has weighed in and seems to think the current proposal is close enough but that a higher one might eventuate.

The $1.40 figure that's been bandied about by the Fin lately does not appear to be sourced to a particular shareholder... although UBS seem to think there's a case for $1.40 on a bullish outlook for Domain's EBITDA by 2020:

http://www.copyright link/street-ta...-media-still-maintain-irr-ubs-20170516-gw5pd6

We'll see what the Board recommends soon enough.

Expand

We would all be a lot richer if Ron Walker had stayed away from the place.
It was reported in the media after the first offer that the board had told the Yanks that they were looking for $1.20 to $1.40 for the whole joint.

FXJ Price at posting: $1.14 Sentiment: Hold Disclosure: Held
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News: FXJ Australia shares steady, as financials' gains offset weak resource stocks, page-6

Top Stories

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