LNG liquefied natural gas limited

Ann: Recommended Takeover Offer for LNGL, page-109

  1. 2,836 Posts.
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    I think that you have correctly picked up on my point.

    The issue is this - there may well be some companies running the ruler over it.

    It seems to me that LNG9 is a likely a group of fast buck artists who intend to flip the thing for profit. I don’t have evidence it’s just the smell. Unlike house flippers they probably not add any value other than keeping it going long enough to flip.

    But here’s the question - is anyone wanting to get involved as concerned holders and shop our plight around the gas CEOs in Houston and try to drum up some interest.

    I have a knot in my gut. I am pissed.

    The so called best option precludes us from continuing to have a stake in our assets if we wish to do so. We have holders on this forum who have taken up the share offerings over 10 years or more to develop our assets - good assets - and now its see you later buddy - piss off and by the way we are going to give the profit to somebody else swooping in at the last minute. . But you should be smiling because we are giving you a premium - of course a few weeks ago the sp was higher than the current price and premium.

    The whole situation is infuriating. Grossly unfair.

 
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