RES 0.00% $4.61 resource generation limited

Is there any logic in South Africans taking this company out?

  1. 360 Posts.
    There has been much said about Eskom's operating issues and future supplies of electricity/coal etc.
    RES now has a sound looking project ready to go.
    As political risk has been such an issue for investors and presumably the bankers - there must be clear logic right now for a big South African group to take this company out with a bid?
    Most of the long suffering shareholders would no doubt be delighted to see any reasonable offer and we know Noble will always be traders.
    Something feels like it's going on behind the scenes
 
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Currently unlisted public company.

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