The big holders are not interested to hold their shares for too long. They want make fast money so they need an acquirer. They mb already searching a deal with glencore or other players from china to sell tgs.
For a good cash generating mining company tgs is a good investment. They would imm. eliminate the debts and therefore saving just 22mn interest costs.. and on the other hand they would expand nameplate to 50kt/yr.
Just imo.
TGS Price at posting:
3.6¢ Sentiment: None Disclosure: Held