Ann: IMX signs Heads of Agreement to sell Mt Wood, page-31

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  1. 5,227 Posts.
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    re: Ann: IXR: IMX signs Heads of Agreement to... Some good discussion here and I think that the different points of view have been well argued.

    On Inside Business yesterday, there was some discussion about M&A. The "gist" of the talk was that the panel believed that M&A would increase next year as owners realised that the prices being offered by the purchasers were fair and reasonable and the sort of t/o premiums of the past are no longer the norm.

    This is pure conjecture, but potentially OZL is waiting for owners expectations to be aligned to the price OZL is willing to pay. As MX said, maybe TB is the best Poker Player on the ASX.

    HT1
 
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