BNR MAT PNR

re: Ann: Alternative $6.8M Sale & JV Offer on... This new and...

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  1. Onceover
    1,768 Posts.
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    24/01/14
    12:08
    Post #: 12849442
    re: Ann: Alternative $6.8M Sale & JV Offer on... This new and superior offer, whilst still below par, clearly illustrates the low-ball nature of MAT's original offer, which appeared to me to be opportunistic and to the disadvantage of the other BNR shareholders. Perhaps Matsa should now come back and make a more realistic offer that better reflects the true value of the Bulletin assets?
    BNR Price at posting: 1.7¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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