LNG liquefied natural gas limited
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Ann: Recommended Takeover Offer for LNGL, page-19

  1. jwhiteman
    2,366 Posts.
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    28/02/20
    20:25
    Post #: 43225564
    Did you the part about contracts with engineering companies and others being voided if they go into administration?

    The best you can hope for is a counter offer. If there is a sizeable disconnect between this offer and the real value then a counter offer should appear.

    The fact that there is only this offer tells me that accusing management of stealing the company is just venting. The LNG second wave story was a good one but it isn't likely to eventuate imo. Renewables and storage are the future. Even if this Singapore company does succeed in taking over LNGL they are also taking a risk of a total loss.
    LNG Price at posting: 11.5¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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