yeah i am rather convinced as well it will be taken over....possibly transurban but more likely a pension fund.....but definitely a patience game...i was lucky to be on board lgl ( from 3mths prior) for the t/o - but hell, they were talking about t/o of lgl for 7yrs or something...glad i wasn't waiting that long!
In this case surely a fund will strike before traffic ramps up over the next year or two....if they had an eye for a bargain anyway (which I think they do).
CEU Price at posting:
43.5¢ Sentiment: Buy Disclosure: Held