Totally agree Happy Valley. The big thing now is that any bid that comes means you have to be there regardless of the bid price. If you dump now and hope for a lower entry the day you are out could be the day the bid comes.
WASA says it perfectly - patience required.
I suspect it will be about 8-9cps to start with which we won;t be happy about but that will as you say put a floor on the sp. The deal then takes months to effect so if they are going to have a crack it can;t be too far away. They only have 3-4 mths before things start to hot up.
Then all the other variables - independent reports, another white knight. The holder of Zero nominees 4.85%. Who knows.
ITC Price at posting:
5.4¢ Sentiment: Buy Disclosure: Held
