re: Ann: Withdrawal of Rights Issue and Reven... Another option is that SOO has itself become the object of a takeover/merger offer (Ingenero?/Ecokinetics?) and does not want to go in to the arrangement with surplus cash.
That is, merge and then let us punters decide whether to increase our exposure. A very responsible move.
All is speculation until the next cashflow statement and explanation.
It will have to be a good one because SOO management has severely blotted their copybook with the withdrawal of the raising.
re: Ann: Withdrawal of Rights Issue and Reven... Another option...
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)