Hi 20500,
Maybe what you say is true. However,if they were to mount a bid and were really interested, there would not be a QIC overhang for months. If someone was really interested in bidding in the short term, they would have had the best part of 4 months to take out the QIC stake.
What Singaporean or Australian company are we talking about? Listed or unlisted entities? Market caps?
Anyway, I'm pretty sure if a bid does come through in the short term, everyone will be smiling. I do believe in looking at facts though, and based on the huge well known overhang that QIC had for months, I doubt the "interested buyers" have been positioning well to take out ETC.
I am a shareholder and a short term takeover will boost prices for sure, but the end game for this company is years away. I do not want to see a takeover bid come through now. There is still upside in the long term in ETC.
Those are my views. You might disagree.
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ETC
entertainment media & telecoms corporation limited
a takeover is on if the financials come true, page-4
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