Short Quote of AFR article :
“AWE’s brusque and public rebuff of a “friendly” $430million takeover approach... has rapidly flared tensions between the two...”
“... activist investor James Dunphy was scathing. AWE has been spectacular only in massif destruction of shareholder value. Mr Dunphy said”
I struggle to see why AWE would quickly dismiss such a bid. This might all fall apart again as it did in Vocus
Takeover Bid Issues, page-2
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