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I see Austock is happy to buy up to $9, but I would have thought...

  1. 2,173 Posts.
    I see Austock is happy to buy up to $9, but I would have thought given the terms wer so informal, that this will take a while to play out and for V to come back with a formal bid.

    Also what chance FIRB agreeing to O/S ownership in an Aussie grain business? Low I would of thought.

    Would think 3-4 months to go here....

    Wouldn't be surprised to see people take it off the table (profit at least and hold the original stake) and revisit this in a few weeks.

    In the meantime, we may see a fall in (mild) markets and could see this and others a little cheaper.

    All speculation on my behalf of course, but thought I'd post my thoughts anyway....

    Good Luck...
 
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