eqn takeover, page-20

good find Numis, that just shows, we have been comprehensively sold down the river. WHERE is the need to do this deal now? This looks like Innes wanting to keep a role, which she and the board might not do in the event of a hostile takeover? If so, how utterly self serving. The puzzle is that, more than anyone, surely she and the board could see that CGG was going to be worth a whole lot more post-mining.

And now look where we are.....because it is mainly a scrip offer, EQN share price gets a cold, CGG does too.