I guess we'll have to see how it pans out. You may be right. But if there is multi-party interest (which is looking increasingly likely - one 'non-binding' approach at 60 cents from one party, and now another offer to take the whole placement at 55 cents) - that multi-party dynamic could push the price up.
At the very least, those placementees have a buyer at 55 cents (Nathan Tinkler) for the shares they bought at 40 cents! Nicw work if you can get it. Hopefully they have a more bullish target in mind.
On that, did anyone read about Hans Mende taking a stake via AMCI Capital? Mende has a history of picking winners in this sector, particular those companies that have gone up the foodchain...
http://www.theaustralian.com.au/business/wall-street-journal/mende-takes-slice-of-endocoal-through-amci-capital/story-fnay3vxj-1226251282740
Cheers,
Yaq
- Forums
- ASX - By Stock
- EOC
- tinkler and eoc
tinkler and eoc, page-6
-
- There are more pages in this discussion • 11 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add EOC (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online