BHP at $48 - $60??
hahahahaha, nearly fell of my chair.
When the market settles and finally returns to some normality its these types of stocks (MCG) that have been unbelievably sold down that would return a 200% plus in price.
Yes everyone hopes for a better return, and its a safe bet the bid won't be pulled, maybe an easy 12% on offer.
Yes the market is sceptical,and will be so in these type of markets, however this may never return to its highs of 7.00 but don;t discard it making it to 3.50 even without the offer.
MCG
macquarie communications infrastructure group