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

TIE

Click for more information

0.00%

67.5¢ tietto minerals limited

Anything is plausible...He was asking for advice...I'm just...

First 49 Last

Share
Profile

Follow
morgarama

854 Posts.

173

30/04/24

18:09

Post #: 73591050
Share

Originally posted by ZachT: ↑

In theory - Zhaojin could engage in questionable business practices that still benefit Zhaojin and not the actual shareholders of TIE.

i.e. Excessive "exploration costs", hedging below market value to another Chinese company, dwindling profits and not distributing dividends as a standard "public company" might. No one could regulate as they would have their team in place and majority shareholder. ASIC is unlikely to do anything.

Remaining shareholders best interest may not align with Zhaojin's. It could be a way to garner interest in another offer later for the remaining shares at a lower amount.

Depends if they want to play the waiting game or if another bidder comes to the table. There's a lot of variables to consider, but Freddy's example is plausible.

Expand

Anything is plausible...He was asking for advice...I'm just stating what I think will happen!

Also - 'my opinions are not financial advice'

Last edited by morgarama: 30/04/24

TIE Price at posting: 67.5¢ Sentiment: None Disclosure: Not Held
1 Upvote

0 Great analysis

Reply

There are more pages in this discussion • 36 more messages in this thread...

First 49 Last

Add TIE (ASX) to my watchlist