Meanwhile in London, Igas only slide further just like they have been doing for the last 4 months.
Usually on low volume and it never gets to a point where the market thinks it now worth buying.
No sign of any buoyancy due to getting Dart's assets for nothing.
The independent revised their assessment to say that the takeover was not fair but still reasonable.
I wonder how close we are to being unreasonable as well.
We've seen one large Dart shareholder (Greenpark Energy) that sold their assets for scrip in a foreign company that kept going down. They ended up pretty unhappy.
Is this deal ever going to look good?
DTE Price at posting:
13.5¢ Sentiment: None Disclosure: Held