LEI 1.67% $20.71 leighton holdings limited

Hi Practising AccountantYou say my suggestion that if the offer...

  1. 139 Posts.
    Hi Practising Accountant
    You say my suggestion that if the offer is not accepted they will buy the shares on the open market is wrong, yet at point B you say they may mop up up to 3% every six months on the open market. Thats pretty much the same thing. The point I was making is that I cant see how this stock is going to get in the "teens" again in the near future. Its going to bounce around and above the offer of 21.17 until a decision is made on the offer. Most people holding recently should see some good profits made plus a dividend coming with some franking credit. Happy to hold around these prices and take the dividend and watch the rest unfold.
 
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