a takeover is not out of the question and i would welcome it, but i would have thought it ETC would be worth significantly more than 20 times FY09 earnings to any prospective buyer, who is likely a significant global player.
especially with the massive pipeline of deals.
as i am sure you know, the current FY09 forecast does not include the 200m/5 year deal that has been signed with china.
i just hope this is not all hot air and they deliver.
ETC
entertainment media & telecoms corporation limited
broker forecasts, page-5
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