re: Ann: ALS - Second Supplementary Bidder...
As we all know, you can make any figures look good or bad and this is just another example. If they want to use offers based on last years figures, dividend growth and EPS comparisons, they should at the very least strip away the expense that Ammtec has had to make for the long-term development of PSI ($1.5m off the bottom-line last year + $1m for the increased holding to 75%).
So get real Greg and put a proper offer on the table which starts at $4.30, if you dont and you make it unconditional it will be you who is the minority holder.
P
AEC Price at posting:
$3.70 Sentiment: None Disclosure: Held
