re: Ann: Takeovers Panel declares Unacceptabl... The question we must be asking ourselves is why regent do not want to buy the company for 3.30.
345 million is nothing for this company if they had to borrow 155 million it could be repaid with profits in 2 years or they could even pre sell some io as they did with henghou and pick up 155 million. it does not make sense
345 million is the deal of the century they know it and so do consolidated. Consolidated have had a valuation done why is this not begin released. maybe the valuation is at least 5 dollars and they are thinking to buy the company.
A brilliant company as mike called it a "cash cow" , 2 companies who i believe would like to buy it , playing games trying to out think the other to get there hands on it !!
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