|
OT - ALU
<p><img src= "
 OT">ft.com/cm...bsp;OT - ALU/NOK - G'dmitt -
cannot copy and paste anything - except it let me paste the yahoo
link above - seems like important story - 2nd largest shareholder
of ALU says deal is 'unacceptable' because ALU is selling at too
expensive (!?) a price to NOK, and what is being called an
'acquisition' is really a 'merger'. May not matter, as NOK holders
vote on the deal, not ALU. I guess that ALU price fall today is
based on that? Made me want to buy in more at this price
(~$3.81 now), but HB's strat of waiting post-earnings might be the
way to go - or is this price enough to take some part of a bigger
stake in itself?</p>
Absolutely mind-bending - took about 5 non-intuitive steps to
get the link into the body of this text. DK why.
|
|
I read this statement in the article as saying that Odey Asset
Management believe the offer is too low: "Odey Asset
Management, the investment group, said the offer from the Finnish
group undervalued the company. Odey’s funds own more than 5
per cent of Alcatel-Lucent’s stock."
|
|
Author:
|
LongTerm
CapGains
|
|
Subject:
|
Off Topic
|
|
Sentiment:
|
Neutral
|
|
Date:
|
04/29/15 at 2:19 PM CDT
|
|
0
0
