re: Ann: HOCHTIEF Intention to Make Revised P... They are stealing the Company at this offer price, look at the volume of work in hand and the infrastructure projects yet to be announced by State and Federal Governments,I believe offer should have been closer to 30.00 and should have been for all shares.
Those who purchased shares in the low teens will no doubt be happy to take a profit but for the majority of the minority share holders, we are looking at a large loss if we accept.
Its obvious the CEO and CFO AGREE and have been sacked for their views.The real question to ask is what do we think the share price will be next year and the year after? and what is their dividend policy going to be?
Possibility to drain Leighton's of funds to support the struggling European operations and maybe include sale of some parts of the Group to get their hands on extra cash.
re: Ann: HOCHTIEF Intention to Make Revised P... They are...
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