ICN 0.00% 0.6¢ icon energy limited

easy take over target, page-4

  1. 72 Posts.
    ok lets test that scenario. a company such as santos has plenty of ability to buy out icn in a hostile takeover

    they would pay a premium on the share of say $200 million total approx.

    Assuming what you say is correct they have 2000 pj of stranded gas, i am not familiar with their reserves, there gsas .

    If what you say is true and assuming by accounts of all on hc there are others we should see a cue of people at icons doors trying to buy, this will be sensed early the share price would sneak up a trading halt would occur within a day or 2.
    if santos have got $40 billion dollars of stranded gas they have no market for paying 200million for icn is a no brainer. i would imagine they would resolve and move by the end of the week cause there according to hc icn posters plenty in the same boat. let us see by week end. i hope you are right
 
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