FXJ 0.00% 66.0¢ fairfax media limited

News: FXJ Australia shares steady, as financials' gains offset weak resource stocks, page-5

  1. 468 Posts.
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    Hope so! But some large shareholders already sound like you can stick a fork in 'em. Others appear likely to roll over at $1.25 or $1.30. Greying bloodnut Ron Walker has weighed in and seems to think the current proposal is close enough but that a higher one might eventuate.

    The $1.40 figure that's been bandied about by the Fin lately does not appear to be sourced to a particular shareholder... although UBS seem to think there's a case for $1.40 on a bullish outlook for Domain's EBITDA by 2020:

    http://www.copyright link/street-ta...-media-still-maintain-irr-ubs-20170516-gw5pd6

    We'll see what the Board recommends soon enough.
 
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