the Wilsons would not have touched this if Hilary was in charge!
Trump is almost a guarantee that the economy will be on the 'UP' from now on and company taxes being slashed is yet another bonus.
that's why i treat this sale as suspicious by the owners at this present time. if they waited just one more year, the PEG ratio would be much more attractive to a prospective purchaser!
my hunch is that this could go pear shaped just like WES and Bunnings UK!
ps- you must remember that shareholders were assured by management to feel all warm and fuzzy about the UK disaster.
also, the 300 million the Wilsons are putting in to make shareholders take up the $9.30 offer, is a huge tax right off if it all goes belly up.
may the Gods be with you as Crazypunter is not available on this one.
cheers crazypunter
Ann: Acquisition of Morsco and Capital Raising Presentation, page-29
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