EOC 0.00% 37.5¢ endocoal limited

late buying today, page-3

  1. 9,933 Posts.
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    This is not the sort of thing you'll include in scheme of arrangement. It would have to happen before settlement March 2013.

    It is worth understanding the details in scheme....knock out events, break cost etc. This is an exception deal for the Chinese given the MDS project economics and land position. As such very unlikely to fall over IMO.

    Also worth understanding is the implications of FIRB approval....(i.e. what U&D may do immediately afterwards)

    I'd suggest some smarties have been buying from distressed sellers who need to raise cash for redemptions (e.g. Indus Funds)





 
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