egn is next, page-2

http://au.finance.yahoo.com/news/Seven-Group-buy-rest-National-aap-1292409746.html?x=0

Dale Elphinstone purchased his original 20% stake back in 2007/2008 for $2.99 and has been averaging down ever since.

The $ 3.00 offer by SVW severley undervalues NHR.

Whilst the rest of the financial markets have been melting NHR has been holding up.

Things are going that well @ NHR they will make in the next 6mths what they have just made in the 12mths prior.

When NED/Coates holding p/l was put together back in 2007/2008
NHR hire assets WERE transferred in @ $1.845
COA assets are worth around $3.00-$3.30

Since then,they have purchased,Sykes,Monash & Tru Blu hire.

All I say to those who think $3.00 or $3.60 represents fair value is,'tellem their dreaming'.

DYOR