LNG liquefied natural gas limited

Ann: Recommended Takeover Offer for LNGL, page-99

  1. 2,836 Posts.
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    Gentlemen whoever is to blame we have been fleeced.

    And the fat lady is on stage with the audience in front of her.

    Four things to think about - I am not peddling Hope here - false or otherwise - and just stating facts

    1. Trading in the US showed a rise of just over half the TO premium. US holders probably see the TO offer as uncertain. This means a profit opportunity may exist on Monday if you see the TO as a done deal.

    2. With AGO (Atlas Iron) some cheapskate company offered 2.8c per share -a loss for me.. This cheapskate offer was recommended by directors. One of the retail holders just like us went ballistic and jumped on a plane. End result was Gina paid 4.2c which gave me a small profit.

    3. In my opinion the offer does not even cover the paperwork for the permits let alone the value of the sites or the deals in place or the tech.

    4. We have time for things to happen before the deal is done.

    So there may yet be water to flow under the bridge.

    Last edited by mwilson25: 29/02/20
 
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