"...the offer will come in at close to 2.00 a share..."
The company is bordering on insolvency, and you're suggesting that a takeover offer might come in at $2.00??
LOL.
There's 3.15 billion OZL shares....at $2.00 a share, that would value the company at $6.3 Billion...OZL are having difficulty refinancing $500M, and you're suggesting that someone may come in with a $6B takeover.
And $6B for what???
Let's say $2B for PH - absolute extreme!!
The ZFX assets - who would want them??
Martabe $300-$400M
Sepon $500-$600M
GG $200M
I would think that if an offer of $1 came in at this point, there would be plenty of acceptances.
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