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[sharechat] Prg /Briscoes Similarities?

From:	"george souros" <g_sourous@hotmail.com>
Date:	Wed, 21 Nov 2001 21:44:35 +0000

I see Watson/Cullen yesterday anounced they have gone unconditional with 
their offer and have managed to obtain a further 8% of PRG. I,m sure that 
this is mostly from his mates, i.e Hotchin, so we cant really take this as 
any form of success. It is looking more and more likely that for him to get 
the rest of us minorities in this takeover, he is going to have to increase 
his bid or PRG remains public. If Briscoes is anything to go by, my high 
cost beanies are telling me that PRG should be a $5 share when comparing 
earnings to earnings!!!

Regards
George

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