BIL brambles industries limited

media deramping for takeover ?

  1. 34,500 Posts.
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    There have been quite a few stories lately about USA directors leaving, (3 left this year) and that this may mean that there is some sort of problem with pallets USA.

    I personally think that this is possiblily part of misinformation and speculation associated with possible positioning for GE takeover?

    What do people think?

    Under the continuous disclosure obligations of the Australian Stock Exchange, Brambles is required to disclosure to the market if there are any material changes to profits.

    Brambles released a Trading Update for the eleven months to May on 25th June 2003 which provided guidance on the earnings for the full year to June 2003. This remains current. So I doubt there is anything wrong or it would have already been announced...

    Thus, it will be interesting to see if my theory is right in the future...???

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