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Re: Re: [sharechat] Why neglect NZ stocks? Flp

From:	chris <CMR64@student.canterbury.ac.nz>
Date:	Tue, 04 Apr 2000 10:16:31 +1200

Anybody else suprised by the apparent generosity of the takeover bid for
flp?  Six months ago, a deal that would see shareholders get around
$1.80 a share gained 90-something% support, so I would have thought any
further bids would have been in that range.  paying a 40% premium to
that would indicate that fletcher canada thumbs their noses at a
bargain.

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