Australia's largest stock trading and investment forum Australia's #1 stock forum

LNG

Click for more information

0.00%

4.3¢ liquefied natural gas limited

If anyone wanted to buy LNGL they would just wait another 4...

First 212 Last

Share
Profile

Follow
Takings

254 Posts.

13

02/03/20

15:43

Post #: 43261440
Share

Originally posted by Foxdog: ↑

'The agreement allows the buyer to match any competing offers'.We just have to sit tight and wait for competing offers.....simple, right?

Surely there's some US based private equity that sees this as an opportunity. Or even IDG who are in a similar position to LNG9 (unless they are one in the same).

This is such a low-ball insulting offer and it's a big fat FO to the Singaporeans from me.

Expand

If anyone wanted to buy LNGL they would just wait another 4 weeks for the shareholders to vote ‘No’ and the share price to tank to 4-6 cents.

Then they might make an offer. And it would probably be the same offer, but with a chance of actually passing regulatory approvals unlike the Singaporean mob which is not likely to succeed in obtaining regulatory approvals.

Just my opinion

LNG Price at posting: 14.8¢ Sentiment: Sell Disclosure: Not Held
Upvote

0 Great analysis

Reply

There are more pages in this discussion • 333 more messages in this thread...

First 212 Last

Add LNG (ASX) to my watchlist