Maybe they have more infos than we have atm. Also I haven't seen any signed agreement where they say "yes" to this deal..
A takeover price (sharecapital) of 250mn would be fair.. but this current deal is nothing worth (from 0 if no one wants to buy tgs shares anymore on asx! till max. 50mn if there are still investors who wants to buy shares of a non operating and dead company! Calculation in my prev. posts!)!!
The 4th quarter results will show the truth and what this mgmt have done or not done in the last 3 months!!!
And this non-takeover-deal means also many overhead expenses for a non working mgmt/bod for 3 more years what will end up in a big loss for future annual results and a progressive fallling shareprice!!!
TGS Price at posting:
4.9¢ Sentiment: None Disclosure: Held
