Nothing would please me less than a UGL take over. It might generate a short term profits in the form of a takeover premium, but it would almost certainly rob current Transfield owners of long term value.
If the company is positioned to generate more than $3.25 per share over the medium term, you do not have to dredge up old takeover speculations to encourage the price to higher levels.
Be patient!
TSE Price at posting:
$3.24 Sentiment: Hold Disclosure: Held
