Ann: Recommended Takeover Offer for LNGL, page-105

First 105 Last

Share
Profile

Follow
jwhiteman

2,366 Posts.

53

29/02/20

16:30

Post #: 43234808
Share

Originally posted by mwilson25: ↑

Gentlemen whoever is to blame we have been fleeced.

And the fat lady is on stage with the audience in front of her.

Four things to think about - I am not peddling Hope here - false or otherwise - and just stating facts

1. Trading in the US showed a rise of just over half the TO premium. US holders probably see the TO offer as uncertain. This means a profit opportunity may exist on Monday if you see the TO as a done deal.

2. With AGO (Atlas Iron) some cheapskate company offered 2.8c per share -a loss for me.. This cheapskate offer was recommended by directors. One of the retail holders just like us went ballistic and jumped on a plane. End result was Gina paid 4.2c which gave me a small profit.

3. In my opinion the offer does not even cover the paperwork for the permits let alone the value of the sites or the deals in place or the tech.

4. We have time for things to happen before the deal is done.

So there may yet be water to flow under the bridge.

Expand

2. is a very good point. No one seems to have canvassed the possibility that this is a market ploy by GV to flush out other bidders or even potential partners who may be on the sidelines.

Last edited by jwhiteman: 29/02/20

LNG Price at posting: 11.5¢ Sentiment: None Disclosure: Not Held
2 Upvote

0 Great analysis

Reply

Top Stories

AL3

AML3D opens new facility in Ohio as US Defence strategy bears fruit

PIQ

Proteomics notches up as company launches PromarkerD into the US

Listen: HotCopper Wire Podcast 014 – Abu Dhabi wants to buy our 'true' oil and gas gem

Friday’s HotCopper trends: Dreadnoughts's drill delight, Galan's beaut raise | June 19

HotCopper Highlights for Week 25: 4DS Memory, Meeka & Sprott-citement

Thursday's HotCopper trends: Second Amplia response, Race combo dosing | June 19

Week 25 Wrap: Fed & BoE pause rates ahead of RBA; Santos-ADNOC, Oz tax reforms

NVO

Novo flags antimony and gold in the Pilbara – but does it need to step back?

PV1

Hydrogen tanker stock Provaris inks MOU with "K" LINE to provide advice

ASX Market Open: Stocks slide as Trump tosses up attacking Iran directly | June 20

First 105 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Ann: Recommended Takeover Offer for LNGL, page-105

Top Stories

AML3D opens new facility in Ohio as US Defence strategy bears fruit

Proteomics notches up as company launches PromarkerD into the US

Listen: HotCopper Wire Podcast 014 – Abu Dhabi wants to buy our 'true' oil and gas gem

Friday’s HotCopper trends: Dreadnoughts's drill delight, Galan's beaut raise | June 19

HotCopper Highlights for Week 25: 4DS Memory, Meeka & Sprott-citement

Thursday's HotCopper trends: Second Amplia response, Race combo dosing | June 19

Week 25 Wrap: Fed & BoE pause rates ahead of RBA; Santos-ADNOC, Oz tax reforms

Novo flags antimony and gold in the Pilbara – but does it need to step back?

Hydrogen tanker stock Provaris inks MOU with "K" LINE to provide advice

ASX Market Open: Stocks slide as Trump tosses up attacking Iran directly | June 20

Featured News