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
$5.78 |
Change
0.060(1.05%) |
Mkt cap ! $3.626B | |||
| Open | High | Low | Value | Volume |
| $5.78 | $5.88 | $5.77 | $3.584M | 617.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 8576 | $5.78 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.80 | 9210 | 3 |
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