IGC 0.00% 33.5¢ international goldfields limited..

guys, if its cash - how will they pay for it?if its scrip,...

  1. 1,422 Posts.
    lightbulb Created with Sketch. 45
    guys, if its cash - how will they pay for it?

    if its scrip, without doing the maths, based on current NKP share price, NKP current shareholders will hand over way too much of their company for the IGC asset they acquire (unless the offer for IGC is 20c or so).

    It all points to no deal - or a deal with not much premium to current IGC SP.

    my bet is its shelved until next year.
 
watchlist Created with Sketch. Add IGC (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.