FGL 0.00% 1.4¢ frugl group limited

re: News: SABMiller gears up for fresh Foster... Full Year...

  1. 1,091 Posts.
    re: News: SABMiller gears up for fresh Foster... Full Year results due on August 21st, with a bid by SAB likely to follow is the rumour.

    Key points from the video:

    1. Loan is likely to go through

    2. "Slightly" higher bid

    "slightly" indiciates no more than an additional 10% or 49 cents (IMO) so max bid of $5.39 (say $5.4). However, I think they will try for something closer to $5.20 (again IMO)

    As always DYOR
 
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