TAP 0.00% 7.8¢ tap oil limited

Ann: Proposal received from Northern Gulf Petroleum, page-22

  1. 498 Posts.
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    Does anyone have any idea how much the takeover bid is costing Risco, the reason for the question is i am thinking , have they factored in a length of time to achieve their desired outcome. For example if its costing 50G a week in interest and other costs there must be a cost benefit inflection point where they need to move things along or start spending too much of their own cash? This may precipitate a larger offer to hasten the finalisation of arrangements with Morgans.
 
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