Hi readers
What a weeks it's been.
We have seen a takeover bid for Bellamy which is wonderful for the shareholders.
The takeover is a strategic play on behalf of the Chinese government to reduce the dependence of the US product.
If you look at how it's being funded the takeover you will quickly understand that there is far more to it than just a buyout.
So who is circulating around bubs you need to ask.
If you ask management they will spin out the routine lines that the stockmis undervalued and blah blah.
But let's cut the crap and understand what's going on.
Friday stock closes at $1.20, with around 3 million shares traded.
At 4.10pm in the aftermarket the stock climbs $1.24 and mind you 13.5 million.
So why pay a 3% premium for a 4% stake hmmm is someone putting bubs into play.
It looks that way to me but hey I'm just a shareholder.
So let's ask the right questions and see what answers come.
Who would pay up for a stake so quickly, who would also want to sell it..
So let's see what plays out over the next 10 days and we will see the buyer and any intention they may have.
ABR is starting to get things going on solid foundations so I'm anticipating better outcomes going forward.
I still believe ABR under 50 cents is a steal, but that's my own opinion and you should seek your own financial advice.
As always use the above as an indicator to your own research.
Seek professional financial advice on more on the above.
The above is only astrological aspects put together to determine an outcome.
What a weeks it's been.
We have seen a takeover bid for Bellamy which is wonderful for the shareholders.
The takeover is a strategic play on behalf of the Chinese government to reduce the dependence of the US product.
If you look at how it's being funded the takeover you will quickly understand that there is far more to it than just a buyout.
So who is circulating around bubs you need to ask.
If you ask management they will spin out the routine lines that the stockmis undervalued and blah blah.
But let's cut the crap and understand what's going on.
Friday stock closes at $1.20, with around 3 million shares traded.
At 4.10pm in the aftermarket the stock climbs $1.24 and mind you 13.5 million.
So why pay a 3% premium for a 4% stake hmmm is someone putting bubs into play.
It looks that way to me but hey I'm just a shareholder.
So let's ask the right questions and see what answers come.
Who would pay up for a stake so quickly, who would also want to sell it..
So let's see what plays out over the next 10 days and we will see the buyer and any intention they may have.
ABR is starting to get things going on solid foundations so I'm anticipating better outcomes going forward.
I still believe ABR under 50 cents is a steal, but that's my own opinion and you should seek your own financial advice.
As always use the above as an indicator to your own research.
Seek professional financial advice on more on the above.
The above is only astrological aspects put together to determine an outcome.
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