Now I understand it:
STO is not paying $1.80 per share
STO's cash outlay is the equivilent of $1.30 per share plus another $40 mil for a 30% stake in the new company only.
The offer is not really $1.80 per share....from STO.
Whats the old saying...
Only fools rush in
Lesson learnt.
Comments/opinions appreciated.
- Forums
- ASX - By Stock
- QGC
- crashing
QGC
queensland gas company limited
crashing, page-11
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)