NAM 0.00% 77.3¢ namoi cotton limited

Few things about this takeover. This is the second takeover...

  1. 3,698 Posts.
    Few things about this takeover. This is the second takeover attempt by QCH and the first one failed. Wonder why? Probably not a descent price. If so I would say 71c is fair and reasonable.
    Secondly there doesn't seem to be any other company around that would come in and make a higher offer. But could be wrong.
    Overall I can't see the price going much higher than 73c - 2c above the bid price. What do you reckon?
 
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