JET 0.00% 43.0¢ jetset travelworld ltd

taker over offer for 60% @25c

  1. 2,161 Posts.
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    Today a company called Sintrack ( I think this spelling is correct ) has announced an intention to undertake a proportinal takeover by seeking to purchase up to 60% of Jetset shares at 25c each.

    I would imagine this will push Jetsets price up to at least this value fairly quickly next week.

    Also I contacted Bob Sparks CEO a while ago about the share price of Jetset, he suggested that it was way undervalued due tot he climate towards travel companies which may mean we see Jetset recommending to shareholders that they do not accept the offer.

    Interesting times

    Darrin
 
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