The Spotless Mind Is Known: Â Responds "Hostile & Opportunistic" and Coltrane Goes Over 10%
As I mentioned in Downer Raids Spotless Register, Launches Hostile Takeover Offer & Rights Offer, the likely response from Spotless Group...
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Downer Raids Spotless Register, Launches Hostile Takeover Offer & Rights Offer
Shortly after the close yesterday, an AFR article stated that Downer EDI Ltd (DOW AU), reportedly owning a 5% stake in Spotless Group Holdings Ltd...
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Macmahon – AMNT and the Inside Track
Macmahon Holdings Ltd (MAH AU) has signed a Heads of Agreement (HoA) with PT Amman Mineral Nusa Tenggara (AMNT), the completion of which would...
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Macmahon – Worth the Wait in Gold?
As anticipated, the IFA in the Target Statement (released this morning) supported Macmahon Holdings Ltd (MAH AU)’s board, that the Unconditional...
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Cimic Profit Hits High End of 2016 Guidance, but Shares Overvalued
We retain our AUD 24 per share fair value estimate for no-moat Cimic following full-year results. The firm reported an 11.5% increase in 2016 net...
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