EQX 0.00% 13.5¢ equatorial resources limited

$2.00 wall of china, page-9

  1. 502 Posts.
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    i did the same malmanu... AKI has put a price on EQX - well north of $300 mill. aki may go a little higher -counter offer? but EQX should be trading at about $3 given it has potentially a better resource and has progressed rail, port further than AKI.

    also, it will be holding aprrox $100 MILLION if it accepts (or is forced to accept) exxaro's bid for AKI shares.

    no brainer - the market may not work it out but surely a bid for all of EQX ain't that far away now with SDL and AKi gone.

 
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