Did an yone know that the first round offers might be on for...

Did an yone know that the first round offers might be on for next week?

NHC - NEW HOPE CORPORATION LIMITED


Credit Suisse rates NHC as Neutral (3) - Credit Suisse notes first round offers for New Hope are reportedly due next week, so leading into this the broker has reiterated its base case value for the stock of $6.29 risked and $6.45 unrisked.
A change in majority control remains the most likely outcome according to the broker, so leading into the first stage of bidding a Neutral rating is retained.
Target price is $6.35 Current Price is $5.97 Difference: $0.38 If NHC meets the Credit Suisse target it will return approximately 6% (excluding dividends, fees and charges).
The company's fiscal year ends in July. Credit Suisse forecasts a full year FY12 dividend of 17.50 cents and EPS of 28.50 cents . At the last closing share price the estimated dividend yield is 2.93%.
At the last closing share price the stock's estimated Price to Earnings Ratio (PER) is 20.95.