ORL 0.00% 43.5¢ orotongroup limited

News: ORL Orotongroup enters into a binding agreement with Gap Inc, page-6

  1. 1,245 Posts.
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    The most likely outcome is that Lane/Vickers take this out privately.
    Gazal has 7% at $1 average. Will they accept any less?
    The core Oroton brand is valuable.
    Can see it being spun back out to the market in a few years!
    Even if Lane/Vickers bid 1$ per share, this will cost them about 26 million.
    They may try a low ball offer less than that, I doubt that will get up.
    But, at least we now do not have long to wait...
 
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