LVR leviathan resources limited

oversold, page-6

  1. 2,218 Posts.
    re: to be taken over by psv A lot of people still under water at the TO price - really only people that have bought in the last month or so would make money. (float was 80c I remember).

    I think things were so grim (short mine life, marginal cashflow) this was felt to about the only option - a bit like the Tritton story earlier in the year.

    angus
 
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