LNG liquefied natural gas limited

Ann: Recommended Takeover Offer for LNGL, page-201

  1. 2,836 Posts.
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    Cool - at least I am not the only one.

    As I have stated yesterday I think anything under 16c is ok as I felt it would struggle at the 16c mark

    of course there is a big risk involved as the devil is in the detail of those conditions.

    Ultimately LNG9 are making an offer. they cannot just withdraw because the feel like it - although they may seek to portray one of the conditions as breached in order to exit.

    What has shocked me today is that so few of the LT holders believe that the assets are worth more than 16c - or more correctly will attract more than that in the next 4 months.

    You are the only other person. Are we missing something?
 
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