There's got to be some risk NKP won't agree on 60 million valuation. I don't know about a counter bid, because NKP have that 'exclusive negotiation' period that is yet to expire.
TS has effectively offered it for sale at 60mil, and if we assume he is trying to get the best price, then if he doesn't value it any higher why would anyone else?
They're both pretty keen to do this deal, so my guess, for what it's worth, is it will go ahead at around 0.40 per share.
- Forums
- ASX - By Stock
- IGC
- gasp
gasp, page-5
-
-
- There are more pages in this discussion • 10 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add IGC (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO & Managing Director
Charles Armstrong
CEO & Managing Director
SPONSORED BY The Market Online