Merger - my thoughts, page-12

  1. 447 Posts.
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    No lose situation for Evoworld I would have thought.
    They could get more NEN shares cheap and effective control at less than cash backing, and then break up and split the proceeds.
    Or, they have 10% of an enlarged merged vehicle that should see the share price rally nice over their entry price.
    If their partial bid gets knocked back, I doubt they will be sellers in the short term.
 
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