everything we say on here is of course speculation!
BUT, as much as I think STX wants TPD and TPD wants STX, they both have pressures from their shareholders that need careful management. Naturally, TPD wants more, and STX wants to pay less - especially as this is a cash flow that was originally 100% theirs !!
Anyway, with both sides walking it gives room for STX & TPD to manage "down" the expectations of their respective holders. They both fought it out and nothing came of it, so clearly both sides have to give a bit for a resolution!
After today, I can see STX shareholders now willing to accept a higher offer for TPD, and TPD holders happier to accept less from STX.
I reckon (pure spec) that 0.5 could be the magic number....it only takes a phone call from either side.
- Forums
- ASX - By Stock
- TPD
- Ann: Discussions with Strike Energy
Ann: Discussions with Strike Energy, page-57
-
- There are more pages in this discussion • 683 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)