HIG 0.00% 10.5¢ highlands pacific limited

buyers building, now might be the time to buy, page-26

  1. 249 Posts.
    re: signed sealed but what is delivered I suspect the "Memorandum of Understanding" signed today is really more ceremonial than anything contractual. It is possibly more like a non-binding agreement to have a closer look at it, and as such can just as easily result in nothing.

    Hopefully, it will lead to something more binding soon.

    In either case, I suspect this also means that other parties can still get a look in on Ramu as HIG has suggested, but this may occur after some exclusivity time period in the memorandum.

    This is just my gut feeling, and I have no basis for any of this.

    I suspect this is the reason HIG is not saying anything and why the share price is not really reacting meaningfully.

    Fingers crossed though as I hold HIG.
 
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