This is the part in the article I like
However Morgan Stanley analysts said Foster's remained "substantially undervalued" and could trade as high as $6.50 even without the benefit of a takeover premium.
So if a takeover occurs as some say it is a matter of when not if.
What would the takeover premium be if the price was around $6 approx ?????
I think $1 to $2.
That tells me an offer price around $7.00 or $8.00 in a bidding war to get their hands on FGL
Patience and stay tuned.
Good luck to all
This is the part in the article I likeHowever Morgan Stanley...
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Last
1.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $1.678M | |||
| Open | High | Low | Value | Volume |
| 1.3¢ | 1.4¢ | 1.3¢ | $5.779K | 427.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 163767 | 1.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.4¢ | 136822 | 3 |
| Last trade - 16.10pm 13/11/2024 (20 minute delay) ? |
| FGL (ASX) Chart |
Day chart unavailable
