I think the best deal for the Mongolian assets would be for TMK to make an all scrip offer for Scrip Co when and if the TO by STX is successful .
Based on the percentage of ownership of the Mongolian assets a TO of Scrip Co at around half the value of TMK would appear to make sense .
The take over Announcements seem to imply that the Mongolian assets are just the Steak knives in the deal .
They are not !
IMO they have real value with a lot of blue sky potential but a much different risk profile too .
- Forums
- ASX - By Stock
- TPD
- Ann: STX: Strike to acquire Talon
Ann: STX: Strike to acquire Talon, page-209
-
- There are more pages in this discussion • 45 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)