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i just hope BHP don't wander off and try for ZIM ( i hold ZIM ) and i am doing OK there but then again an all scrip deal at a fair premium ...
i just hope BHP don't wander off and try for ZIM ( i hold ZIM ) and i am doing OK there but then again an all scrip deal at a fair premium ...Only my opinion...I hope BHP will stick to it's plan...should be the last offer n walked away now.
There are ma y fishes in the pond.
3 offers n each offer attempt is better to Anglo
*** Kingsrose Mining, while smaller in scale, is also listed on the ASX and comes with its expertise in efficient, targeted mining operations.***
could i have a second opinion on that ??
it fell from $1.17 in August 2012 to today's close of 4.8 cents , that reeks of 'efficiency ' to me ( sarcasm )
My opinion still remains the same..Give it up..3 good attempts with not looking into Anglo's books? It's fishy don't you think so?why I'm not an a n al y st:
Liberum said it thinks that the success of BHP’s bid comes down to “whether BHP can mitigate the risk of the proposed structure for Anglo American shareholders” by 29 May.
“BHP have already offered to bear the brunt of the demerger costs, a possible $US2 billion of capital gains taxes and lost $US12.5 billion of market cap. Can or will they underwrite/offer downside protections for the spinoffs? Are Anglo’s board & management genuinely engaging or throwing a bone to the pro-deal shareholders? Deal more likely than it was, but still too much of a stretch.”
Liberum also noted that so far BHP has been prevented from looking at Anglo’s books and therefore, BHP cannot make any estimates on the possible synergies between the companies, beyond simple assumptions on removing corporate overheads
Aesop said a bird in the hand is worth two in the bush, it’s a similar story here, BHP just has to estimate how many birds they can pull out of Anglo mines over the next 20 years vs how many birds in the hand they have to give up today, and discount that at an appropriate interest rate.My opinion still remains the same..Give it up..3 good attempts with not looking into Anglo's books? It's fishy don't you think so?
you beat me to it !!Just now - Anglo America has rejected the deal extension. Only a few hours left wonder if we will see a desperate attempt with a higher offer price.
Just now - Anglo America has rejected the deal extension. Only a few hours left wonder if we will see a desperate attempt with a higher offer price.
Just now - Anglo America has rejected the deal extension. Only a few hours left wonder if we will see a desperate attempt with a higher offer price.
Bhp shareholders might hopefully thank Anglo to have avoided one of the next bhp branded shot in the foot.I hope not.
I'm glad BHP walked.Good job. BHP walked away.
| DJ BHP Failed to Take Over Anglo. Will It Take Its Coal Mines Instead? -- Market Talk |
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