Chanticleer
‘Tell them they’re dreamin’: guerilla Boral campaign flares up
A colourful presentation from a boutique broker isn’t normally newsworthy – but remember who was first to call out Origin Energy’s bid.
As cement maker Boral’s independent directors put the finishing touches on what is sure to be a carefully worded takeover response, a familiar face has started a separate guerilla campaign targeting potential family office buyers.
Stockbroker Aitken Mount, a small shop in Paddington in Sydney’s inner east, is fishing around for a family office or two to step in and keep Boral independent to suitor and major shareholder Seven Group, according to a presentation seen by this column.
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