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0.00% 3.6¢ east energy resources limited

I can't quite understand this deal why give up 88% ownership of...

  1. whiplash
    53 Posts.
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    23/01/13
    19:27
    Post #: 11326677

    I can't quite understand this deal why give up 88% ownership of the company?

    They have heaps of coal already now it will be an illiquid stock exposed to compulsory takeover at any time buy the vendors???
    EER Price at posting: 16.0¢ Sentiment: Hold Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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