I bought AXA for takeover arbitrage, and it's only a few cents off the price I paid, so I'm happy for it to muddle along independently right now. I do think we'll be taken over at some point. It could be AMP, the AXA parent, private equity might have a go. There's not too many companies I've seen that don't get a second predator when the first one doesn't work. That theory may be challenged with AXA. :)
We're up by 19c since the first post was made- not bad movement.
AXA Price at posting:
$5.35 Sentiment: None Disclosure: Held
