Post by
4CommonSense on May 14, 2023 12:01pm
So --what's a reasonable takeover share price ?
Some analysts (if you believe anything analysts they say - wrong more often than right ) have suggested $72//s for the B shares which means Glencore ups its bid by another US $8 Billion
....Hmmmmmmm!!!!! this seems pretty reasonable and doable for Glencore -- the question is -----will someone else step in with a better offer - it would seem unlikely but ---who knows
Highly unlikely Teck management and BoD have the wherewithal to come up with something better based on their past fiascos./