burswood, page-2

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    re: burswood - anyone care for $1.10 or higher?
    afr reports jb were did some number crunching saying it would make sense for PBL to bid up to around $1.10 for burswood, noting that anything up to $1.32 would still actually be EPS positive. also notes that NZ sky city should also have some interest. Of course PBL sold a 10% stake in Burswood over a year ago I think but that was probably because the shareholding cap doesnt get removed til this September (not far away now). does anyone else find this attractive as a potential takeover play, closed up 3c to 78c today on heavy volume.
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