The Guardian reports that Analysts at Merrill Lynch, believe
that the 4p dividend paid to shareholders yesterday should
have been more in the region of 11p. They go on to say that
this potential “inherent cash generation” is what makes
United so “attractive to a predator”.
The Guardian goes on to say that this makes United a
‘sitting duck’ and that the board and their advisors
Cazenove, don’t have a defence strategy. Luckily for them
though, we do. If you haven’t already, give serious thought
to joining Shareholders United and IMUSA. If Murdoch can be
stopped, anyone can.