The point around binding and non-binding offers is very important. CUP have committed, but COG just tossing an offer out there and can still walk.
Given both offers include script, i think its important to consider the future state business models under either COG or CUP acquisition. The CUP business case is obvious with cost cutting syngeries plus greater scale. The COG business case less so.... They have no existing accounting/ planning business to grab synergies and only scale option is flogging equipment finance through accountants/ planners. Good luck with that...
The DVR board needs to consider this - so I reckon theyll stick with CUP.
- Forums
- ASX - By Stock
- Ann: Market commentary regarding Competing Proposal
The point around binding and non-binding offers is very...
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add DVR (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
SPONSORED BY The Market Online