LGL
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0.86% $1.74 lynch group holdings limited

shorts at it, page-48

  1. practisingaccountant
    9,376 Posts.
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    01/04/10
    09:27
    Post #: 6523949
    Somebody correct me if I am wrong, although speculation of NCM lodging a takeover has been in the rumour mill for a long time, today is the first time it became official.

    It is usual practice for the first takeover offer to be rejected, takeover strategy 101. Surely there will be a second offer. I still can't believe opening price estimate is where it is now.
    LGL Price at posting: $3.03 Sentiment: ST Buy Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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$1.74 		Change
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