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A report estimates takeover price to be at least $70 (lot more if ethanol technology is successfully commercialized).http://www.bloomberg.com/news/2012-02-01/huntsman-celanese-seen-as-cheap-takeovers.html?cmpid=yhoo
I loaded up on CE back in the gloomy days at $7.00 plus. I like this "7 bagger" and think it goes substantially higher.
You are probably right current management team has not been able to get decent valuation. Someone will buy this dog and un-cork the value