TIE 0.00% 67.5¢ tietto minerals limited

Ann: Variation of Takeover Bid, page-10

  1. 1,303 Posts.
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    I agree MW isn't a salesman but that's one reason I like him. He's all numbers & science......no spin. Maybe he's promoting it the best way...thru' enhanced operations that go straight to the bottom line which led to an Independent Valuation Report much higher than the Chinese offer & the BoD have backed the report. The Chinese have gone nowhere so far with their offer. Do we need a competing acquirer? Yes but only if you want to sell at a higher price than is on offer right now but 'no' if you want to see TIE cranking it out at its best & then allowing the market to reprice it over time which I still think delivers shareholders better value over time. That's why the Chinese want it right? Patiently waiting....
 
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