OUM QOL

re: Ann: OUM: Intention to Make Takeover Bid ... StatsMan - I...

  1. Narla
    605 Posts.
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    18/02/09
    18:04
    Post #: 4811723
    re: Ann: OUM: Intention to Make Takeover Bid ... StatsMan - I share your grief. This is a very ordinary outcome for QOL holders. The offer is effectively $2.3mil - which buys a brand new $30mil plant plus the potential company making tenement in Mount Cannindah. QOL Management has obviously not gone out of its way to secure a better deal for shareholders. IMO this was an easy way out.

    There has got to be a company out there who sees better value in QOL...

    QOL Price at posting: 0.7¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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