re: Ann: Caledon Acquisition Approved at Gene...
Personally I think it unlikely that there will be a re-rate based on this.
This is great for ORD, but probably only in 2 years time, when ORD decides to exercise its' option.
Atm the value for ORD in Caledon is not a lot.
As we all know the immediate chance of re-rating for ORD is with the Laos information, and hopefully there is something new in the quarterly report due out by this Friday.
VAN Price at posting:
8.9¢ Sentiment: Buy Disclosure: Held