Yes, there is a possibility of a takeover here, but not in the short term. My fair value for the TO is around $5.80-$6.20. (Think of the quality of the casino assets here, Sydney, Brisbane and Gold Coast). But it wouldnt surprise me if it was picked up for considerably less.
DEALROOM
New Feature Announcement!
We’re excited to introduce the DealRoom portal, now live on site, providing users with exciting access to private equity opportunities for both pre-IPO and publicly listed companies.
See full details by selecting the new menu item named 'DealRoom' on our main menu bar or click below.
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