Ann: Transfield Services receives proposal from Ferrovial, page-7

Edgardig

I agree, i bought around the same price just over $3 in the last 2 share raisings...

As for the family doing well, im not so sure on that, they sold at $1.60, from memory TSE debut at $1.25 back in year 200x and got up to the height of around $16 or thereabouts, TSE rejected UGLs takeover a few years or so ago at around $4.50, so what a difference now has made to the companies share price, that last take over offer from UGL was before the last captial raising to buy Easternwell (and what some commentators put it as a poison pill at the time) caused UGL to walk away.

The family could have made a lot more if they sold out a number of years ago.

So what happens if the company agrees to a share price say just over $2 for example, does that mean i have to accept the loss or can i hold out in a hope that all the shareholders decide not to sell and they don't meet their minimum share amount to compulsorily acquire?

You aren't the only one to land in the hole on this, i too thought the same thing at the time that they were turning a corner and thus invested in the company a monumental mistake on my part.... >_<