LNG 0.00% 4.3¢ liquefied natural gas limited

Ann: Withdrawal of LNG9 Takeover Bid and Financing Update, page-75

  1. 2,662 Posts.
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    The buying is absurd.

    You would have thought it’s unlikely that another player is wanting to make a TO offer.

    It’s possible another IDG type player may inject capital but not at all likely as a multi year commitment is required.

    A loan is out of the question -no income. Maybe more govt money - maybe - but not likely.

    Shareholders might support a raising but the coy will not last that long. Who would underwrite such a raising.

    Existing large holders could step in and provide liquidity as a placement. Not sure Baupost would be able to do this. IDG could possibly do this.

    So that leaves our buddies LNG9.






 
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