AKI EQX

re: Ann: EQX: Equatorial Settles Acquisition ... this is being a...

  1. fup
    1,161 Posts.
    lightbulb Created with Sketch. 109
    clock Created with Sketch.
    29/08/11
    16:09
    Post #: 8887034
    re: Ann: EQX: Equatorial Settles Acquisition ... this is being a bit too obvious for an imminent takeover. santos took a 19.99% stake in ESG and waited for a long time before an opportunistic takeover.

    maybe they are hoping that CFE will take out AKI and they'll have a nice payday?

    or perhaps EQX see themselves as a target, and want to create some 'strategic depth' in AKI as part of a defensive move?

    good to hold in either case
    AKI Price at posting: 31.0¢ Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS Mandalay Shareholders Overwhelmingly Approve Transaction with Alkane Resources
right-arrow Created with Sketch.
NEWS Access all the latest ASX news here
right-arrow Created with Sketch.
NEWS DeSoto Granted New Project in Guinea's Siguiri Basin
right-arrow Created with Sketch.
NEWS Lakes Commences Drilling at Wombat-5 Well, Victoria
right-arrow Created with Sketch.
RC1 Redcastle Delivers Positive Scoping Study for Queen Alexandra
right-arrow Created with Sketch.
AII Analyst Buy Rating: Leading the Charge in Securing the Tungsten Supply Chain
right-arrow Created with Sketch.
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
Add to My Watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.