BMN 4.90% $3.30 bannerman energy ltd

savannah timeline, page-11

  1. 2,173 Posts.
    If the savannah issue is such a worry, why would a company t/o BMN now?

    Surely the issue would need to be considered by the parties that 'may be' running the ruler over BMN.

    Maybe the risk is make the take over offer now why the SP is on it's knees and end up paying what you might of had the price been 70%+ higher and the savannah issue becomes a reality, your not so bad off due to timing the t/o...... just thinking aloud.
 
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