Nick,
once again you are confused. Last April I said that there was a chance that a company might make a low ball bid. I specifically stated that it would not be a serious offer but one just designed to sucker shareholders at the time to tender their shares for the quick buck.
It would have been a quick way for a company to gain a significant percentage of ARU quickly. Instead they obviously desided to take the longer method of scamming them in the markets but paying less per share.
Nice try though.
Brit tell me, since you have already lifted your ARU recommendation from sell yesterday to hold today. Is their a chance that since every analyst rates it a buy or strong buy and institutions keep buying it up that perhaps this afternoon you rate it a buy now too. Afterall I am sure you know better then they do.
F.F.