Re:Re: Tiscali19 May 2007 13:35
PXC. Hi joesmoke, there is potential here, I am not so certain that PXC is off radar screens, after all it is in the big league of Broadband etc suppliers. As talks of megers and takeover has been around for a couple of years, seasoned potential bidders of the likes of BT have never come out to say they are not interested despite various strong suggestions that they would, other have allegedly walked away, the Co statement recently, suggested that all rumours of interested parties, was just that, rumours . Wimax looks like it is being rolled out so that increases the chance of a bid coming, whoever, or whenever the offer price has to be near £400Mns - £425Mns (and that is top end predictions) as that is all PXC is worth, with that sort of valuation the share price has almost fully priced in any bid, but Wimax could just salvage and squeeze a little more, but even that situation has dragged on, with PXC it is like pulling teeth a long drawn out and painfull affair, do not add insult to injury by paying over the top for the shares.