Bobla - they are buying $10mill of SGE, which is the holding company in China for the PSC assets. SEH owns SGE. SGE shares will be transferred off-market by SEH when $10mill is received. It will not reflect on the ASX.
Not sure that the finance partner/JV partner will bother buying SEH shares, as they will have 51% ownership of SEH's assets anyway.
- Forums
- ASX - By Stock
- SEH
- price target "tote" for 22 june
price target "tote" for 22 june, page-21
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)