Ann: Transfield Services receives proposal from Ferrovial, page-6

Less than 40% above the on market price? Gotta be jokin'...

Actually, the offer price is only about 30 cents above the rock bottom, in the depth, icey cold GFC price of $1.65 - certainly if it goes at the offer price, I shall be another in the hole on this one. I bought at over 3 bucks when a recovery looked probable after the GFC. What a blunder I made... Only people who have done well out of this are the previous family owners and executive staff. Hey, doesn't that sound familiar...