If the takeover fails what next for ECP.
With profit and cash in the bank its time to make some prognostifications.
Price falls to 0.475 as short times bail. Within 3 months price at 0.60c.
Pakers dilute the majority holding to 50 % buy offering a capital float to the market and a deal with minorities.
ECP buys into ERG and mops up other minnows in the tec sector. Looks offshore for other acquisitions...
Singas
( Look at the volumes going through at 0.54 over the past few weeks )
I have altered my sentiment from HOLD to BUY
Any other views ??
- Forums
- ASX - By Stock
- takeover fails - crystal ball time.
takeover fails - crystal ball time.
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)