Whatever it is - it is an incredibly bad prepared and communicated hostile takeover attempt. Shame on our board.
No pitch at all for existing Downer Shareholders - and hey, why would anybody want to pay a premium to buy into a downtrending share with an "underperform" recommendation?
Personally I know Spotless only through its services ... and these are bad enough. I never would have chosen to be a regular customer of them, though sometimes I could not avoid their services while at work. I don't see why anybody wants to be a shareholder of SPO, and I object to the DOW board buying this lemon on our (the DOW shareholders) behalf. They destroy lots of shareholder value.
Hope we can avoid this disaster ... though obviously a lot of money already down the drain.
Wow - a mega disaster in the making, page-32
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Last
$5.76 |
Change
0.050(0.88%) |
Mkt cap ! $3.626B | |||
| Open | High | Low | Value | Volume |
| $5.75 | $5.81 | $5.69 | $4.241M | 737.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 11134 | $5.73 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.76 | 9983 | 4 |
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