TSXV:KUR.H - Post by User
Comment by
DAbramovon Mar 10, 2007 2:08pm
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Post# 12394685
My Opinions (again)
My Opinions (again)Once again I tend to disagree with the contention that UBS will not be receptive to a $500M offer.
In fact, so much so, that I believe UBS will announce that an offer of $500M has been made.
This would increase interest and speculation in the company. Share prices jump, and UBS then begins to make a recommendation to NOT endorese the deal as it is significantly undervaluing the company.
Hence, Rogers comes in and swoops it away from Telus as it has done with Microcell.
That said, Telus might get angry and refuse to give up this time around.
So interesting times ahead. Lower prices in share-price in the short-term nonetheless (no news expected for another 2 weeks minimum)
Cheerio.
D-man