Caterpillar-FBR deal chance?, page-34

  1. 529 Posts.
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    Well so far my predictions have not been that great.
    However, I think 35-40 cents is reasonable. A lot of people will say that it has already been built in and a small percentage of it has. It will be hard for it to work up to that because there will be so many profit takers.

    Remember that the new options for the employees (incentive to hit the deadlines) are options for 30 cents. Therefore management are working on the price being a premium to 30 cents otherwise there is no incentive for the employees.

    Once the HX is demo'ed and is building a house in a street in Perth, the price could be anywhere from 50 cents to $1 IMO.

    Remember when the CAT MOU and KSA MOU's were signed, the price worked up for the next 2 weeks each time. It took a while for the news to get around and people to jump on board.
 
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