AKI EQX

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

  1. fup
    1,161 Posts.
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    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
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    lightbulb Created with Sketch.  Great analysis
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