LNG liquefied natural gas limited

Ann: Recommended Takeover Offer for LNGL, page-173

  1. 7 Posts.
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    Just more of the bs language that was reassuring enough to keep holding. But for them to say it represents a "premium" to current sp. Just about every announcement that they were "pleased to announce" made the sp lower. From "not being worried about cash flow" to "we have several options" to "take this deal it's the best you will get..." meridian was a lie, Vietnam was prob a desperation move to bring in investors, just like bearhead purchase was overatted. The acquisition looked good but was more of an advertising strategy.. Interesting that the paul McLean and ghislain pitre from bearhead were no longer present on the lng website. What happened to them was bearhead shelved a long time ago? Could have sold that. They were all in on magnolia, obviously them saying once one company commits then we will see other follow was made up. This is sketchy, there is more to the story that we are unaware of. Where did all this money go seriously?
 
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Currently unlisted public company.

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