UNV 0.00% 16.0¢ universal coal plc

another interested party

  1. 570 Posts.
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    Well, well looks like Ichor's opportunistic play won't be getting the chook that lays golden eggs. Another party now at the table and willing to pay close to true value. Well done management!!!!!!! Can't wait to see the KPMG valuation.

    I wouldn't be surprised now if Ichor don't bother with the 16c offer and jump it up to 23c and that's why they've pushed their timetable back to 'on or around 29/9'. Probably waiting to see what the new offer is they'll be competing with. Why waste everyone's time, including their own, with a 16c offer. 23c won't get the top 20 either IMHO.
 
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