re: Ann: CPB ANNOUNCES REVISED OFFER RECOMMEN...
Well the game is over and CPB look to have got the AEC board over the line. For me its mixed emotions, I still think the offer is probably 20 cents short, but it may not have got to this price for at least 18 months, so I suppose with the franking credits its acceptable. I'm still tossing up whether to take the shares or run with the cash, both have their merits.
I hope my thoughts on AEC have helped others and hopefully convinced some to hold for the full ride.
All the best and buy a nice bottle of wine if you take the money.
Regards Pep
AEC Price at posting:
$4.03 Sentiment: None Disclosure: Held