$US1.9b is a lot of cash to have sitting around. The pressure to...

  1. 1,574 Posts.
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    $US1.9b is a lot of cash to have sitting around.

    The pressure to buy something - Anything! - is enormous.

    And while buying back at 2.80ish made sense, buying back at 3.90ish is a limp option.

    The M&A team has twice-kissed every frog on the planet. No dice.

    Graham Kerr's dilemma is a luxurious one and the envy of all. What will he do?

    Ash
 
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