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Thats interesting. It is the sort of thing that isn't evident in media releases or comments from Analysts to Journo's but would exist in the background. No doubt their "annoyance" would flow through to their trading decisions as well. Even instos are human. You obviously have access to more info than from just reading the releases and observing the market. I posted a link in the CPA thread to an article by Carolyn Cummins in todays fairfax BusinessDay:http://www.smh.com.au/business/dexus-set-to-up-the-ante-in-cpa-battle-20131120-2xvs0.htmlYour earlier comment re share price movement indicating market support or lack of it for the DXS or GPT offer is also supported, "Fund managers said the share price movement over the next couple of days would give an indication as to which offer investors were prefering".The timing of the GPT bid in proximity to todays options settlement clouds the crystal ball a little (as well as the CapitaLand sell down of their Australand holding). The article above also indicates that Dexus has to respond to the bid from GPT within three days, which is today? I guess we are just going to have to wait and see how it pans out.
Thats interesting. It is the sort of thing that isn't evident in media releases or comments from Analysts to Journo's but would exist in the background. No doubt their "annoyance" would flow through to their trading decisions as well. Even instos are human. You obviously have access to more info than from just reading the releases and observing the market. I posted a link in the CPA thread to an article by Carolyn Cummins in todays fairfax BusinessDay:
http://www.smh.com.au/business/dexus-set-to-up-the-ante-in-cpa-battle-20131120-2xvs0.html
Your earlier comment re share price movement indicating market support or lack of it for the DXS or GPT offer is also supported, "Fund managers said the share price movement over the next couple of days would give an indication as to which offer investors were prefering".
The timing of the GPT bid in proximity to todays options settlement clouds the crystal ball a little (as well as the CapitaLand sell down of their Australand holding). The article above also indicates that Dexus has to respond to the bid from GPT within three days, which is today? I guess we are just going to have to wait and see how it pans out.
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