TSX:TECK.A - Post by User
Comment by
bendmeoveron Aug 20, 2010 12:35pm
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Post# 17369277
RE: we need a hostile takeover bid
RE: we need a hostile takeover bidi totally agree becuase this stock price is pathetic compared to forward p/e ...problem is the voting control is up to the Keevils..... so it doesnt matter what price is bid ...Keevils can give it a veto
2nd government wont be to favourable to let it go ....but might depending on the buyer (maybe to a u.s buyer but who has the money ...i think it would take $65.00 per share to maybe get Keevil to think about it
one of the reasons it is so volatile is because the likely offer of a takeover is taken away (class a shares) ..so people aren t scared to short it ..and short it hard for 3 or 4 days at a time ..you never see it in month end short reports